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The Measure of Monetary Damages for Breach of a Real

Question 36

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.

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