Ask Question
17 February, 19:10

When a contract does not accurately reflect the intentions of the parties because of some mechanical or clerical error in the document, what legal action is necessary to correct or modify the contract?

+4
Answers (1)
  1. 17 February, 21:41
    0
    When a contract does not accurately reflect the intentions of the parties because of some mechanical or clerical error in the document, the legal action to correct or modify the contract would be a reformation.

    Explanation:

    Contract reformation is a process by which freely and voluntarily signed contracts are modified to be faithful to what the contractors originally wanted, in case they have an error in their wording or composition.

    The function of the reformation is to avoid a legal process or a conflict that may result from the doubtful interpretation of a contract, by applying it in the way that the contractors originally wanted, and not in the way it was wrongly written.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “When a contract does not accurately reflect the intentions of the parties because of some mechanical or clerical error in the document, ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers