" '(W)hether a contract is spoken of as terminated, abrogated, annulled, avoided, discharged, or rescinded is not in itself important. There are, however, several sources of unnecessary confusion in the use of these common words "rescind" and "rescission." ' "
First National Bank of Aberdeen v. Indian Industries, Inc. v. Cheyenne River Housing Authority, and Fidelity and Deposit Corporation of Maryland v. George Steven Long, A/K/A Steve Long, and J. W. Cloer
“‘[W]hether a contract is spoken of as terminated, abrogated, annulled, avoided, discharged, or rescinded is not in itself important. There are, however, several sources of unnecessary confusion in the use of these common words “rescind” and “rescission.” ’ ”
First National Bank v. Indian Industries, Inc.