Multiple Choice
The measure of monetary damages for breach of a real estate contract is computed as follows:
A) the equivalent of the purchase or sale price.
B) the difference between fair market value of the property and contract price at time of default.
C) the difference between fair market value of the property and contract price at time of lawsuit.
D) reimbursement for any expenses incurred by injured party.
Correct Answer:

Verified
Correct Answer:
Verified
Q31: A contract entered into between an adult
Q32: Which of the following cannot be added
Q33: An agreement whereby an owner hires a
Q34: An executor has limited power to buy
Q35: An open listing entered into between an
Q37: Which of the following is not a
Q38: Which of the following is generally nota
Q39: Alan offers to sell his home to
Q40: The sale of property by a limited
Q41: A real estate agent or broker, in