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INSTRUCTIONS: Answer the following, briefly. 1. What is Reformation of instruments? 2. What are the four (4) specific grounds that reformation of contracts may be

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INSTRUCTIONS: Answer the following, briefly. 1. What is Reformation of instruments? 2. What are the four (4) specific grounds that reformation of contracts may be allowed? Give situational examples each ground. 3. Explain the nature of rescission contracts, state your legal basis. Please answer in not more than 5 sentences

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