Steel Mill Inc.agrees to deliver a certain quantity of steel to T-Bar Framing Corporation.The agreement states that delivery is to be within "9" days,although the parties intend "90" days.The seller cannot convince the buyer to amend the contract.The most appropriate remedy is
A) damages.
B) reformation.
C) rescission.
D) specific performance.

Question

Quizplus · Accepted Answer

The most appropriate remedy is reformation because both parties intended for the delivery to be within 90 days, but there was a mistake in the contract. Reformation would allow the contract to be corrected to reflect the parties' true intentions. Damages or rescission may not be appropriate remedies in this situation, as there was no breach of contract, and specific performance may not be feasible if the seller is unable to deliver the steel within the incorrect timeframe specified in the contract.