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The Marathon Mining Corp. ( MMC ) believes that a vein of gold runs under its property and continues under three neighbouring properties. MMC enters
The Marathon Mining Corp. MMC believes that a vein of gold runs under its property and continues under three neighbouring properties. MMC enters into agreements to purchase the three properties. When Raymond, the owner of property #which lies between properties # and # realizes why MMC wants to buy the properties, he decides that the selling price for his property is too low and advises MMC that he will not complete the deal. What should MMC do
Sue Raymond for rescission.
Renegotiate the deal with Raymond.
Sue Raymond for specific performance.
Renegotiate the deals with all three property owners.
Only sue Raymond in breach of contract for damages.
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