Court Opinion

ID: 9679388
Source: CourtListenerOpinion
Date Created: 2023-08-24 06:51:40.952298+00
Date Added: 2024-06-11T18:17:13.165967
License: Public Domain

FOSHEIM, Justice
(concurring specially).
In footnote 1, the majority decides to ignore SDCL 21-12-2 because it was not argued as a bar to recovery. This court cannot ignore the applicability of a statute simply because it was not argued. This court must decide whether the appellee established the statutory elements of rescission and one of the elements is contained in SDCL 21-12-2. This statute has been interpreted to require the party seeking the rescission to offer to give back what he received under the contract. Mankey v. Hoyt, 27 S.D. 561, 132 N.W. 230 (1911).
I concur specially to show that I have considered this statute and have concluded that appellee’s failure to offer to restore does not require reversal. This court has recognized that such an offer is unnecessary when the required tender is money, since the amount of the money can be subtracted from the rescinding party’s claim. Main v. Professional & Business Men’s Life Ins. Co., 80 S.D. 288, 122 N.W.2d 865 (1963). Tender in this case was therefore unnecessary and the trial court properly subtracted from ap-pellee’s award what he had received from appellant.