On March 1, Eleanor Entered into a Contract to Buy

Essay

On March 1, Eleanor entered into a contract to buy a piece of land called Blackacre from Hershey.The purchase price was $200 000.Eleanor paid $20 000 immediately and promised to pay the remainder when the sale closed on June 1.On June 1, however, Hershey refused to complete the sale.He also refused to refund Eleanor's $20 000.He honestly explained that while he has Blackacre, he simply does not have any money so he needs the deposit money to live on.What remedy should Eleanor use? Explain your answer.