Multiple Choice
Fact Pattern 18-B1
A enters into a contract to buy 132 acres from B to subdivide and sell in quarter-acre lots for C Acres, a residential development.
-Refer to Fact Pattern 18-B1. If A breaches the contract, B's remedy would most likely be
A) a certain ratio of the amount that A has in liquid funds.
B) a percentage of A'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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