Micky Speer Has Contracted with Hall of Fame Trainer Eddie

question 122

Essay

Micky Speer has contracted with hall of fame trainer Eddie Fast to train Mr. Fix, a racehorse, for the Kentucky Derby. Fast resigns on April 6, a month before the race, in a dispute over fringe benefits. To force Fast to train his horse through the race of a lifetime, Speer sues for specific performance. What are the elements of a cause of action for specific performance? Prepare a complaint that Mr. Speer intends to file against Eddie Fast. (Be creative.)

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Definitions:

Liquidated Damages

A contractual provision that specifies a predetermined sum to be paid if a party breaches the agreement.

Reasonably Related

A legal standard used to determine if the connection between two concepts or actions is logical or justified, often in the context of regulatory or employment actions.

Compensatory Damages

Monetary awards given to a plaintiff to compensate for losses, injury, or harm suffered due to the defendant's actions.

Impossibility of Performance

A legal doctrine where a party is released from a contract because events have occurred making it objectively impossible to perform the contract's obligations.