The equitable remedy of rectification is granted by the courts in which of the following situations?
A) The parties to a contract disagree as to the meaning of a term in their contract.
B) The seller made a fraudulent misrepresentation that induced the buyer to buy.
C) The seller of goods has made an innocent misrepresentation that persuaded the buyer to buy.
D) A person buys something that he later learns he already owned.
E) Because of a mistake, a written document does not include a corrected term to which the parties had orally agreed.

Question

Quizplus · Accepted Answer

Rectification is a remedy designed to correct mistakes in the written documentation of agreements, ensuring that the document accurately reflects the true agreement between the parties. It is specifically applicable when, due to a mistake, a written document fails to include a term or includes an incorrect term that the parties had actually agreed upon. This remedy does not apply to disagreements over the meaning of terms, misrepresentations (whether fraudulent or innocent), or situations where a person buys something they already owned.

The Equitable Remedy of Rectification Is Granted by the Courts