Statement A: Innominate contracts are void. Statement B: Reformation is an available remedy to all kinds of contracts. Only Statement 'B' is false. Both statements are false. Only... Statement A: Innominate contracts are void. Statement B: Reformation is an available remedy to all kinds of contracts. Only Statement 'B' is false. Both statements are false. Only Statement 'A' is false. Neither is false.
Understand the Problem
The question is analyzing the truth value of two statements regarding contracts and remedies in contract law. We need to determine whether each statement is true or false based on legal principles.
Answer
Both statements are false.
Both statements are false.
Answer for screen readers
Both statements are false.
More Information
Statement A is false because innominate contracts are not necessarily void; they simply can't be categorized as either nominate or standard contracts, but they can still be valid. Statement B is false as reformation, a remedy to modify written contracts, is not available for all kinds of contracts.
Tips
A common mistake is assuming all contracts that don't fit a standard category are void, but they may still be enforceable depending on their terms and conditions.
Sources
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