Asked by Aqualaquisha Lebron on Jun 24, 2024

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Which of the following situations gives rise to the application of the equitable remedy of rectification?

A) Both parties to a contract agree that they want to change some of its terms and thus apply jointly to the court to have the relevant terms altered.
B) The two parties to a contract have made a mutual mistake and one of these parties is asking the court to choose the more reasonable meaning of the terms in question.
C) The defendant has a justifiable defence of non est factum.
D) A written instrument, because of an obvious mistake, does not embody the unchanged terms of an original oral agreement.
E) The contract is one requiring "utmost good faith."

Rectification

The process of correcting a mistake in a legal document to reflect the true intent of the parties involved.

Mutual Mistake

A situation where all parties involved in a contract have a shared and incorrect belief about a fundamental fact affecting the agreement.

Unchanged Terms

Conditions or agreements that remain the same and are not altered over time or through negotiations.

  • Understand the role and effect of the equitable adjustment termed rectification.
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Verified Answer

AN
Afreen NawabJun 29, 2024
Final Answer :
D
Explanation :
Rectification is an equitable remedy designed to correct a written document that, due to a mistake, does not accurately reflect the true agreement or intention of the parties involved. Option D describes a situation where there is an obvious mistake in a written instrument that fails to reflect the terms of an original oral agreement, which is a classic scenario for the application of rectification.