The remedy of reformation:
A) applies only when money damages are inadequate.
B) can be used to correct mistakes in the original contract
C) is available if fraud is involved.
D) is a commonly used remedy.

Question

Quizplus · Accepted Answer

The remedy of reformation allows for the correction of mistakes or errors in the original contract, such as errors in drafting or recording. It is not limited to cases where money damages are inadequate or where fraud is involved, and while it may not be as frequently used as other remedies such as damages or specific performance, it is still an important tool in contract law.

The Remedy of Reformation