A and B sign a written contract for A's services over the next 18 months, for which B will pay $160,000. Neither A nor B noticed that the typist had mistakenly typed $120,000. How does this error affect the rights of A and B?

Question 10 options:

A)

Even though the parties did not notice the mistake, they are required to read the memorandum prior to signing and the court will not reform the contract.

B)

The Statute of Frauds does not allow reformation of signed written contracts.

C)

The memorandum will likely be reformed to show the true agreement of the parties.

D)

Under the Statute of Frauds, either party can have the contract voided.