Multiple Choice
When a party in a contract fails to perform (e.g. breach of contract, nonperformance, or default) the other party has a variety of remedies. All of the following are remedies that an aggrieved seller may pursue EXCEPT:
A) Sue for damages.
B) Retain the earnest money deposit as liquidated damages.
C) Agree to rescission of the contract.
D) Sue for specific performance.
Correct Answer:
Verified
Correct Answer:
Verified
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