ABS-CBN Entered into a Contract with WR Under Certain Terms

ABS-CBN entered into a contract with WR under certain terms and conditions. Both parties violated their contract, to the extent that WR transferred to another station despite the contract.

A) ABS-CBN can rescind the contract because of material breach committed by WR.
B) WR can rescind the contract due to violations committed by ABS-CBN.
C) The court will not grant rescission because of mutual breach.
D) The court will not rescind the contract, but will just temper the award of damages in its judgment.

Correct Answer:

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