What is the test for rescinding an Assignment?
British Columbia, Canada
The following excerpt is from Supreme Steel Ltd. v. Pacific Industrial Services Ltd., 1998 CanLII 894 (BC SC):
Furthermore, the fact that in hindsight the Assignment might be seen as improvident by one of the parties, is not grounds for rescinding the agreement: Stevenson v. Popoff, [Q.L. 1995 B.C.J. No. 2167] (B.C.S.C.).
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