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Which of the Following Statements Is True

Question 3

Multiple Choice

Which of the following statements is true?
I.If parties agree to a clause which specifies a sum payable by the contract breaker in the event of breach, the innocent party is barred from seeking specific performance.
II.If the parties agree to a clause which specifies that specific performance will be awarded in the event of breach, the court must award specific performance.


A) Both I and II.
B) Only I.
C) Only II.
D) Neither I nor II.

Correct Answer:

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