Q. 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. (Solved)

1. ABS-CBN can rescind the contract because of material breach committed by WR.

2. WR can rescind the contract due to violations committed by ABS-CBN.

3. The court will not grant rescission because of mutual breach.

4. The court will not rescind the contract, but will just temper the award of damages in its judgment.