_______Is an Equitable Remedy Requiring the Performance That Was Specified

question 69

Multiple Choice

_______is an equitable remedy requiring the performance that was specified in a contract and is granted only when money damages are inadequate and where the subject matter of the contract is unique.

• A) An injunction
• B) Laches
• C) Specific performance
• D) None of these choices is correct.

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Definitions:

Optimistic Estimate

A projection or forecast that assumes the most favorable conditions and outcomes.

Bid Shading

The strategy of making a bid lower than what a bidder is actually willing to pay, typically to save money in auctions or competitive tender processes.

Bid-rigging

An illegal agreement between parties to conspire and fix the bidding process, often in procurement auctions.

Sealed-bid

A bidding process where all the bids are kept confidential until a designated opening time, preventing bidders from seeing competitors' bids.