What is the equitable remedy of rescission of a contract where a fraudulent misrepresentation induced a party to enter into a contract?

British Columbia, Canada


The following excerpt is from Cornerstone Global Partners Inc. v Hill Road Capital Inc., 2021 BCSC 1517 (CanLII):

Where a fraudulent misrepresentation induced a party to enter a contract, the equitable remedy of rescission is available: Choi v. Paik, 2008 BCSC 1122 at para. 81. The contract is voidable rather than void.

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