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 most likely to be TRUE?
A) Since specific performance is an equitable remedy, Trent is entitled to receive the painting only if he agrees to pay $25 000 to Katarzyna.
B) A court will grant an injunction to Trent, but it will not award specific performance against Katarzyna.
C) If specific performance is not available, Trent will probably be entitled to receive $25 000 from Katarzyna.
D) A court will probably give Trent specific performance and reliance damages.
E) Trent probably is not entitled to specific performance if Katarzyna is under the age of majority.
Correct Answer:
Verified
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