Racicky was in the process of buying 320 acres of ranch land. While that sale was being
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Racicky was in the process of buying 320 acres of ranch land. While that sale was being negotiated, Racicky signed a contract to sell the land to Simon. Simon paid $144,000, the full price of the land. But Racicky then went bankrupt, before he could complete the purchase of the land, let alone its sale. Which of these remedies should Simon seek: expectation, restitution, or specific performance?
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He should and did seek restitution Expectation damages will be ...View the full answer
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