Cengage Advantage Books: Essentials of Business Law 5th Edition by Jeffrey Beatty,Susan Samuelson

Exercise 1

CPA QUESTION Kaye contracted to sell Hodges a building for $310,000. The contract required Hodges to pay the entire amount at closing. Kaye refused to close the sale of the building. Hodges sued Kaye. To what relief is Hodges entitled
(a) Punitive damages and direct damages
(b) Specific performance and direct damages
(c) Consequential damages or punitive damages
(d) Direct damages or specific performance