The legal remedy of canceling a contract and restoring the parties to their original positions is called

Recapture is not a recognized legal term in contract law regarding the cancellation of contracts. Instead, it generally refers to the act of reclaiming possession of property or rights, rather than restoring parties to their original positions after canceling a contract.

Rejection refers to the act of refusing an offer or a proposal, which does not imply a legal remedy for voiding an existing contract. It does not involve restoring parties to their original positions but simply indicates that one party does not accept the terms presented.

Reversion pertains to a situation in property law where ownership returns to the original grantor after the expiration of a lease or a similar arrangement. This term does not apply to the cancellation of contracts or the restoration of parties' original positions in a contractual context.