Jill Enters into a Contract to Buy a Certain Office

question 19

Multiple Choice

Jill enters into a contract to buy a certain office building from Kim.At the closing,Kim refuses to transfer title.In a suit for breach,Jill should seek specific performance to

• A) return the parties to the positions they occupied before the contract.
• B) obtain the exact bargain promised in the contract.
• C) reform the contract to reflect the parties' true intentions.
• D) make the terms reasonable and enforce the contract as reformed.

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Definitions:

Scientific Management

A theory of management that analyzes and synthesizes workflows, aiming to improve economic efficiency and labor productivity through systematic study.

Mass Production

A manufacturing technique that involves producing large quantities of standardized products, often on assembly lines.

Human Resource Management

The strategic approach to the effective management of people in an organization, focusing on policies and systems to maximize employee performance.

Mainstream Economics

The body of economic thought and theories that are widely accepted and taught across major universities and employed in policy-making by most governments.