The statement that "Rescission is the unmaking of a contract so as to return the parties to the positions they occupied before the contract was made" is: True.
What is Recission?
Recission is the revoking of an agreement. When the parties recind on the agreement they withdraw their participation in the deal and this returns them to their initial condition before they made the terminated agreement.
Recission might arise when one or two individuals believe that the terms and conditions of the contract no longer favors them. So, the above statement about recission is true.
Learn more about contracts here:
https://brainly.com/question/5746834
#SPJ4
