Fact Pattern 15-1
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 15-1. If Bella breaches the contract, Watershed's remedy would most likely be

Question

Fact Pattern 15-1 
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 15-1. If Bella breaches the contract, Watershed's remedy would most likely be

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. This remedy is known as expectation damages, which aim to put the nonbreaching party in as good a position as if the contract had been performed. In this case, if Bella breaches, Watershed can sell the land to someone else at market price and recover the difference from Bella. Specific performance may not be a feasible option as the land is unique and it may be difficult to compel Bella to go through with the purchase. The other options do not provide a suitable remedy for Watershed.