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Seller and Purchaser Enter into a Contract to Purchase Real

Question 11

Multiple Choice

Seller and purchaser enter into a contract to purchase real estate at a purchase price of $310,000.Seller refuses to perform the contract, and at the time of the seller's default, the fair market value of the property is $350,000.The purchaser can recover from the seller the following money damages.


A) $350,000
B) 0
C) $40,000
D) $310,000

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