Unilaterally rescinded contract means?

• A. The wronged party revokes due to fraud, duress, or failure to perform
• B. All parties revoke the contract
• C. The contract ends due to expiration
• D. The buyer renegotiates the terms

Answer: (A)

Unilateral rescission is when one party ends a contract on their own because the other party didn’t uphold their obligations or engaged in misrepresentation, fraud, or duress. The description here fits that idea: the wronged party revokes the contract due to fraud, duress, or failure to perform. That one-sided termination is what makes it unilateral.

This differs from mutual rescission, where both sides agree to cancel the contract. It also isn’t simply the contract ending because time has run out—that’s expiration, not a unilateral cancellation. And it isn’t about renegotiating terms, which would be a modification or new agreement rather than terminating the existing contract. For example, if one party misleads the other about the product and the other party chooses to unwind the deal and return what was exchanged, that showcases unilateral rescission.