Fact Pattern 12-1
Andre enters into a contract to buy 350 acres from Belle Vista Farms to cultivate grapes and open a winery.
-Refer to Fact Pattern 12-1. If Andre breaches the contract, Belle Vista's remedy would most likely be
A) the amount that Andre expected to invest in the project.
B) a percentage of Andre's unrealized profit.
C) the difference between the land's contract and market prices.
D) specific performance.

Question

Fact Pattern 12-1
Andre enters into a contract to buy 350 acres from Belle Vista Farms to cultivate grapes and open a winery.
-Refer to Fact Pattern 12-1. If Andre breaches the contract, Belle Vista's remedy would most likely be
A) ​the amount that Andre expected to invest in the project.
B) ​a percentage of Andre's unrealized profit.
C) ​the difference between the land's contract and market prices.
D) ​specific performance.

Quizplus · Accepted Answer

If Andre breaches the contract, Belle Vista's remedy would most likely be the difference between the land's contract and market prices, as this is a common measure of damages in real estate transactions.

Fact Pattern 12-1 Andre Enters into a Contract to Buy 350 Acres from 350