Chapter 19 1. What is a reservation of rights? How does a reservation of rights impact a party's ability to seek damages for breach of contract? 2. What is meant when a breach of contract is waived? How does a waiver impact a party's ability to seek damages for breach of contract? 3. How is "reformation" used to correct a mistake in a contract? How can reformation be appropriate when it is presumed that both parties to a contract have read the terms and conditions of the agreement