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in a couple of weeks of negotiations regarding the price of the construction and lot. Eventually they reached a compromise price of $291,000 ($243,000 for

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in a couple of weeks of negotiations regarding the price of the construction and lot. Eventually they reached a compromise price of $291,000 ($243,000 for the construction and $48,000 for the lot). Galehouse prepared a written contract to reflect the parties' agreement, but the developer forgot to include the lot price. The Winklers paid Galehouse $48,000, the lot price, as a deposit on the contract. When the construction was completed, and the Winklers were finalizing their loan from the bank, the parties discovered the drafting error. Galehouse sued to have the contract reformed to reflect the agreed-on price. Should the contract be reformed? Why or why not? [ Galehouse v. Winkler, 1998 WL 312527.]

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