Eleni agreed to act as an investment adviser for Gnuhigh Ltd. After completing her first project for Gnuhigh, she asked for payment of $10 000, as calculated under the terms of the parties' agreement. Gnuhigh refused to pay. In support of its position, it pointed to the Financial Industry Standards Act, which says that a contract for investment advice is unenforceable unless it is registered with a government official. The agreement between Eleni and Gnuhigh is not registered. Eleni is most likely entitled to receive
A) $10 000 as restitution.
B) an order for specific performance.
C) $10 000 as expectation damages.
D) $10 000 as liquidated damages.
E) $10 000 as reliance damages.
Correct Answer:
Verified
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