Lou and Mira want to rescind their contract under which Lou sold an MP3 player to Mira for $50. To rescind the contract
A. Lou must return the $50 and Mira must return the player.
B. Lou must return the $50 only.
C. Mira must return the player only.
D. the parties can keep the “benefits” of their bargain.
Answer:A
Lou and Mira want to rescind their contract under which Lou sold an MP3 player to Mira for $50. To rescind the contract
A. Lou must return the $50 and Mira must return the player. B. Lou must return the $50 only. C. Mira must return the player only. D. the parties can keep the “benefits” of their bargain.