RIGHT TO RESCIND
right to rescind.The remedy accorded to a party to a contract when the other party breaches a
duty that arises independently of the contract. • The right to rescind is contrasted with a right of
termination, which arises when the other party breaches a duty that arises under the contract. —
Also termed right of rescission. [Cases: Contracts 258. C.J.S. Contracts §§ 456, 461–463,
465–467, 472, 476.] [Blacks Law 8th]