Specific Performance Is Appropriate When

question 1

Multiple Choice

Specific performance is appropriate when

• A) a plaintiff wants the contract to be specifically performed.
• B) there is no adequate remedy at common law.
• C) the defendant can't afford monetary damages.
• D) All of the above are correct.

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Definitions:

Cash Price

The actual price a buyer pays in cash at the time of purchase, as opposed to credit purchase terms.

Hedge Position

An investment made to reduce the risk of adverse price movements in an asset, usually through derivatives like options or futures contracts.

Bushels

A unit of volume measurement used primarily in agriculture, particularly in the United States, for grains and other dry commodities.