Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.A real estate developer has a contract to sell a house to an individual buyer for $250,000. The real estate developer breaches the contract by

1.A real estate developer has a contract to sell a house to an individual buyer for $250,000. The real estate developer breaches the contract by refusing to transfer the property to the buyer. The buyer still wants to purchase the home.

Which remedy is available to satisfy the buyer's goal?

A.Expectation interest

B.Reliance damages

C.Consequential damages

D.Specific performance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Employment Law New Challenges In The Business Environment

Authors: John Moran

6th Edition

978-0133075229

More Books

Students also viewed these Law questions