Multiple Choice
Fact Pattern 16-1 (Questions 7–8 apply)
Estelle enters into a contract to buy 132 acres from Desmond to subdivide and sell in quarter-acre lots for Country Acres, a residential development.
-Refer to Fact Pattern 16-1.If Desmond breaches the contract,Estelle's remedy would most likely be
A) a certain ratio of the amount that Desmond has in liquid funds.
B) a percentage of Desmond's unrealized profit.
C) the difference between the land's contract and market prices.
D) specific performance.
Correct Answer:
Verified
Correct Answer:
Verified
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