Fact Pattern 13-1
Bella Homes enters into a contract to buy 132 acres from Watershed Holdings to subdivide and sell in fifth-acre lots for Pristine Meadow,a residential development.
-Refer to Fact Pattern 13-1.If Bella breaches the contract,Watershed's remedy would most likely be
A)a certain ratio of the amount that Bella has in liquidated funds.
B)a percentage of Bella's unrealized profit.
C)the difference between the land's contract and market prices.
D)specific performance.

Question

Fact Pattern 13-1 
Bella Homes enters into a contract to buy 132 acres from Watershed Holdings to subdivide and sell in fifth-acre lots for Pristine Meadow,a residential development.
-Refer to Fact Pattern 13-1.If Bella breaches the contract,Watershed's remedy would most likely be
A)a certain ratio of the amount that Bella has in liquidated funds.
B)a percentage of Bella's unrealized profit.
C)the difference between the land's contract and market prices.
D)specific performance.

Quizplus · Accepted Answer

If Bella breaches the contract, Watershed'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.