Katarzyna contractually agreed to sell a painting to Trent. She promised to deliver it on June 1 and he promised to pay $10 000 on the same day. On May 15, Katarzyna discovered that the painting is really worth $25 000. She therefore has told Trent that she does not intend to fulfill the contract. Which of the following statements is TRUE?
A) Trent probably is not entitled to specific performance if Katarzyna is under the age of majority.
B) If specific performance is not available, Trent will probably be entitled to receive $25 000 from Katarzyna.
C) A court will probably give Trent specific performance and reliance damages.
D) Since specific performance is an equitable remedy, Trent is entitled to receive the painting only if he agrees to pay $25 000 to Katarzyna.
E) Trent is not entitled to an order for specific performance because a court will not force Katarzyna to act in any particular way.
Correct Answer:
Verified
Q10: The courts often award cost of cure
Q33: Savannah agreed to buy a car from
Q34: Iago contractually agreed to sell a particular
Q35: Munchable Catering Company contractually agreed to cater
Q36: Which of the following concepts limits the
Q37: On June 1, Lauto Inc contractually agreed
Q39: Harold agreed to sell a widget to
Q40: Woody entered into a contract with Jezebel.
Q42: Brown's Construction Co agreed to renovate a
Q71: On December 16, Ludwig agreed to sell
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