Refined Commodities,Inc.,agrees to deliver ten tons of sheet metal to Select Builders Corporation.The agreement states that delivery is to be within "3" days,although the parties intend "30" days.Refined cannot convince Select to amend the contract.Refined should seek
A)damages.
B)reformation.
C)rescission.
D)specific performance.

Question

Quizplus · Accepted Answer

Refined should seek reformation of the contract because the agreement stated delivery within 3 days, but the parties intended delivery within 30 days. Reformation would allow for the correction of a mistake in the contract to reflect the parties' true intentions. Damages, rescission, and specific performance are not appropriate remedies in this situation.