Grady enters into a contract to buy 440 acres from Hollis to expand Grady's ranch. If Hollis breaches the contract, Grady's normal remedy would be
A) damages.
B) quasi contract.
C) reformation.
D) specific performance.

Question

Quizplus · Accepted Answer

The best choice is D, specific performance. This is because the contract concerns the sale of unique real property (440 acres), so monetary damages would not be an adequate remedy. Therefore, Grady would seek a court order requiring Hollis to perform the contract and sell the property as agreed. Quasi contract (B) would not apply because there is an actual contract between the parties. Reformation (C) is a remedy used to correct mistakes in the contract, and it would not apply if Hollis breached the contract.

Grady Enters into a Contract to Buy 440 Acres from Hollis