Pollard Entered into a Sales Contract to Purchase a Specific

question 32

Multiple Choice

Pollard entered into a sales contract to purchase a specific Picasso painting from Jenson for $15 million. When Pollard tenders payment, Jenson refuses to sell the painting to the buyer. Which of the following legal rights to remedy can Pollard exercise to retrieve the Picasso painting from Jenson?

• A) right to cover
• B) right to recover damages for nondelivery
• C) right to obtain specific performance
• D) right to cancel the contract

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Definitions:

Fear and Force

Applies to methods of control or influence based on inducing fear or the application of coercion, often seen as negative leadership or management tactics.

Performance Standards

The expected levels of performance and achievements for a task, role, or activity within an organization.

Evaluating

The act of assessing or judging the value, nature, ability, or quality of something or someone.

Seeking Direction

The process of seeking guidance or clarification on what actions or decisions to make next.