Ambrose enters into a contract to buy 350 acres from Belle Vista Farms to cultivate grapes and open a winery.
-Refer to Fact Pattern 17-1. If Belle Vista breaches the contract,Ambrose's remedy would most likely be
A)the amount that Ambrose expected to invest in the project.
B)a percentage of Ambrose's unrealized profit.
C)the difference between the land's contract and market prices.
D)specific performance.

Question

Quizplus · Accepted Answer

Ambrose's remedy for breach of contract by Belle Vista Farms would be specific performance, which means that the court would order Belle Vista to fulfill their obligation under the contract of selling the 350 acres to Ambrose. This remedy is often used in cases involving real estate, where monetary damages would not be sufficient to make the injured party whole.

Ambrose Enters into a Contract to Buy 350 Acres from Belle