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Question
National Business Company and One-State Sales, Inc., agree to simultaneously rescind their contract and enter into a new agreement under which their duties are the same. National later sues One-State to enforce the new agreement. The courta. may apply the preexisting rule or allow the rescission.
b. must allow the rescission.
c. must apply the preexisting duty rule.
d. must not apply the preexisting rule or allow the rescission.
Answer
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