A contract for a sale of land from Bayside Properties,Inc. ,to City Development Corporation contains an erroneous legal description.The most appropriate remedy for these parties is
A)restitution.
B)reformation.
C)rescission.
D)specific performance.

Question

A contract for a sale of land from Bayside Properties,Inc. ,to City Development Corporation contains an erroneous legal description.The most appropriate remedy for these parties is​
A)restitution.
B)reformation.
C)rescission.
D)specific performance.

Quizplus · Accepted Answer

Reformation is the most appropriate remedy for an erroneous legal description in a contract. This remedy would allow the parties to correct the mistake and ensure that the contract accurately reflects their intentions. Restitution involves returning something to its previous state or compensating for loss, which is not applicable in this scenario. Rescission involves canceling a contract, but this may not be necessary if the parties can correct the error. Specific performance involves enforcing a contract as written, which would not be appropriate if there is an error in the legal description.

A Contract for a Sale of Land from Bayside Properties,Inc