Grable v. Maroon , 40 So. 2d 450 ( 1949 )

Although I am cognizant of the modern tendency toward permitting rescission by oral agreement as set forth in 12 Am.Jur. 1012, Sec. 432, I observe that this authority recognizes the right to such rescission only in the absence of a statute prescribing a contrary rule. As pointed out by Mr. Justice Sebring, we have such a statute in Florida.