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 Watershed breaches the contract, Bella'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 Watershed breaches the contract, Bella's remedy would most likely be

Quizplus · Accepted Answer

Bella Homes' remedy for Watershed's breach of contract would most likely be specific performance, which is an equitable remedy that requires the defaulting party to perform their obligations under the contract. In this case, specific performance would require Watershed to transfer the 132 acres to Bella Homes as agreed in the contract. This remedy is appropriate because the land is unique, and damages would not adequately compensate Bella Homes for the loss of the specific property.