Jet enters into a contract to buy a certain commercial building from Kim. At the closing, Kim refuses to transfer title. In a suit for breach, Jet should seek specific performance to
A)return the parties to the positions they occupied before the contract.
B)obtain the exact bargain promised in the contract.
C)reform the contract to reflect the parties' true intentions.
D)make the terms reasonable and enforce the contract as reformed.

Question

Quizplus · Accepted Answer

Specific performance is a legal remedy that compels a party to execute the exact terms of a contract, rather than providing a monetary award for damages. In this case, since Jet wants to obtain the commercial building as agreed upon in the contract with Kim, seeking specific performance would ensure that Kim transfers the title of the building to Jet, thus fulfilling the exact bargain promised in the contract.

Jet Enters into a Contract to Buy a Certain Commercial