Fact Pattern 15-1
Ambrose enters into a contract to buy 350 acres from Belle Vista Farms to cultivate grapes and open a winery.
-Refer to Fact Pattern 15-1. 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 Belle Vista's unrealized profit.
C) the difference between the land's contract and market prices.
D) specific performance.

Question

Fact Pattern 15-1
Ambrose enters into a contract to buy 350 acres from Belle Vista Farms to cultivate grapes and open a winery.
-Refer to Fact Pattern 15-1. 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 Belle Vista's unrealized profit.
C) ​the difference between the land's contract and market prices.
D) ​specific performance.

Quizplus · Accepted Answer

Ambrose's remedy would most likely be specific performance, which is a court order requiring Belle Vista to fulfill its contractual obligation to sell the land to Ambrose. This is because the land is unique and money damages may not adequately compensate Ambrose for the harm caused by the breach. The other options (A, B, and C) are not appropriate remedies in this situation.

Fact Pattern 15-1 Ambrose Enters into a Contract to Buy 350 Acres from 350