WebRescission (contract law) In contract law, rescission is an equitable remedy which allows a contractual party to cancel the contract. Parties may rescind if they are the victims of a vitiating factor, such as misrepresentation, mistake, duress, or undue influence. [1] Rescission is the unwinding of a transaction. WebOct 10, 2024 · Ambiguity stems from the contractual doctrine of contra proferentem—the document is interpreted against the drafter. Because insurance policies are typically …
Shiloh Christian Center v. Aspen Specialty Insurance …
WebJan 19, 2024 · When Architect sued Engineer for damages the project owner was awarded in arbitration, the trial court found the clause enforceable and dismissed the suit. This … WebThis should not be used for legal research but instead can be used to find solutions that will help you do legal research. ... insurance companies that expressly excluded from their coverage damage caused by 'flood' may be required to pay an additional $1,000,000,000 in insurance proceeds for a risk they were never paid (in premium) to incur ... cschurch.ca live
Shiloh Christian Center v. Aspen Specialty Insurance Company, No.
WebThis Appellate Court stated succinctly the true meaning of the "doctrine of ambiguity: "When the words of a policy provision are clear and unambiguous in the context of the … WebMar 25, 2024 · When a person is reckless in terms of personal injury, that person knew or should have acknowledged that their conduct would likely cause harm. “Reckless” is a greater level of liability than negligence. Negligence is a failure to exercise reasonable care resulting in the injury of another person. In terms of recklessness, the person ... WebNov 15, 2024 · The ambiguity should be interpreted against: the party who prepared the contract (particularly for standard form contracts offered on a "take it or leave it" basis) … dyson airwrap nordstrom anniversary sale