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Seller and Purchaser Enter into a Contract to Purchase Real

Question 29

Multiple Choice

Seller and purchaser enter into a contract to purchase real property at a fair market value of $100,000. Seller refuses to perform the contract, and at the time of seller's default, the fair market value of the property is $110,000. The purchaser can recover from the seller the following money damages:


A) $100,000.
B) 0.
C) $10,000.
D) $110,000.

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