Sam has contracted with Dave to purchase Dave's racing bike with payment and delivery of the bicycle to be in 10 days.Three days later Sam hears that Dave is going to sell the bike to Gene in three days at a higher price.If Sam really wants the bike,what should he do?

Question

Quizplus · Accepted Answer

Sam should seek injunctive relief, which would prevent Dave from selling the bike to Gene until the 10-day deadline has passed. This would allow Sam to fulfill his contractual obligation with Dave and receive the bike as agreed upon. Suing for specific performance, compensatory damages, or consequential damages may be options if injunctive relief is not granted or if Sam suffers financial harm as a result of the breach of contract, but seeking injunctive relief should be the first step.

Sam Has Contracted with Dave to Purchase Dave's Racing Bike