154. Define rescission.

155. Give an example of rescission.

156. Define statu quo.

157. Define breach of contract.

158. Give an example of breach of contract.

159. In case of breach of contract must the other party wait until the time for performing the entire contract elapses, or may he sue at once?

160. Define bankruptcy.

161. By what kind of law is bankruptcy regulated?

162. Does bankruptcy discharge a contract?

163. Define voluntary bankruptcy.