Solved

Stanislav Contractually Agreed to Sell a Piece of Land to Tien

Question 47

Multiple Choice

Stanislav contractually agreed to sell a piece of land to Tien for $250 000.When the time came to transfer title, however, Stanislav refused to complete the transaction.Tien consequently refused to pay any part of the price and justifiably sued for specific performance.At that time, the market value of the land was $300 000.The case was not decided by a court for five years.The judge then held that Stanislav was liable for breach of contract.At that time, the land was worth $400 000.If the court awards damages, Tien is entitled to receive


A) $250 000.
B) $400 000.
C) $300 000.
D) $150 000.
E) $50 000.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents