
When the seller in a contract for sale fails to perform (e.g. breach of contract, nonperformance, or default) , the buyer has a variety of remedies. One such remedy is to appeal to the court to force the defaulting seller to carry out the contract. This remedy is most commonly referred to as suing for:
A) Damages.
B) Earnest.
C) Recission.
D) Specific performance.
Correct Answer:
Verified
Q20: In certain circumstances, mutual assent between the
Q21: Suppose that you just sold a property
Q22: While many closings are conducted as a
Q23: Certain closing costs will be prorated to
Q24: When a borrower (the buyer) applies for
Q25: Since hazard insurance premiums are paid up-front,
Q26: If a property transaction is scheduled to
Q27: Since property taxes are paid in arrears,
Q28: Which of the following contract elements is
Q29: Suppose that you decide to purchase a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents