How has statutory intervention allowed for rescission for

misrepresentation? Which of the following is correct?

Contract law remains a common law concept and the ability to rescind a

contract is left to the courts to determine, noting that consumer law

does allow for damages for breach of contract

Legislation in Australia provides for a prohibition on

misrepresentation but does not provide any remedies when it occurs

Certain Australian jurisdictions have passed legislation which allows

for rescission or damages where rescission is not possible

Under Australian legislation there are now criminal sanctions which

can be invoked against a party making false statements which amount to

misrepresentation, this displaces the civil proceedings that a party

might have taken under previous law