Question

Ridgeview Mining Inc. agrees to deliver a certain quantity of oil to Static Energy Corporation. The agreement states that delivery is to be within "9" days, although the parties intend "90" days. Ridgeview cannot convince Static to amend the contract. Ridgeview should seek:_____

a. ​damages.
b. ​reformation.
c. ​specific performance.
d. ​rescission.

Answer 1

B

Step-by-step explanation:

In contract law, reformation deals with a judicial change or correction of a document in existence by the order of a court when one of the parties involved in the document brings up a petition. In order for Ridgeview Inc to correct the statement in the agreement, they would have to seek reformation in the court of law. Reformation is an action that helps to resolve dispute between parties therefore making it the best option.