AMORES_GROUP1_BACBLAW_REFORMATION-OF-INSTRUMENTS.docx - Name Maxine Amores Schedule 12:00-1:30(MW Course BSBA-FM Block K Group 1 Date REFORMATION OF

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Name: Maxine Amores Course: BSBA-FM Block K- Group 1 Schedule: 12:00-1:30 (MW) Date: November 23, 2020 REFORMATION OF INSTRUMENTS 1. Quizzes Explain or state briefly the rule or reason for your answer: (a) Zi Zamora sold her horse “Angel” to Nami Tsuji under a written contract of sale. What Nami Tsuji thought Zi Zamora was selling her is horse “Allana”. Can Zi Zamora ask for the reformation of the contract against the objection of Nami Tsuji who is agreeable to the sale of horse “Angel”? Answer: Since both parties commit mutual mistake, Art. 1361 applies. ART. 1361. When a mutual mistake of the parties causes the failure of the instrument to disclose their real agreement, said instrument may be reformed. (b) Suppose in the same example, Zi Zamora was intending to sell her horse “Combs”. Give the three (3) cases when she can ask for the reformation

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