Erma Enters into a Contract to Buy a Tract of Lakefront

question 37

Multiple Choice

Erma enters into a contract to buy a tract of lakefront property from Forest Acres to build and sell a residential development. Forest Acres fails to close the sale. Erma's remedy is most likely

• A)the amount that Erma invested in the project to the date of the closing.
• B)nothing-Forest Acres still owns the land.
• C)the difference between the contract and market prices of the land.
• D)specific performance.

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Definitions:

Spoofing

A malicious practice where an attacker impersonates another device or user on a network, aiming to deceive systems or individuals for unauthorized access or data theft.

Social Engineering

The art of manipulating people so they give up confidential information or perform actions they wouldn't normally consider.

Human Interaction

The process and dynamics of humans communicating and interacting with each other, often studied in psychology and social sciences.

Corporate Security

Encompasses strategies and practices to protect a company's information, assets, and employees from threats such as cyber-attacks, theft, and vandalism.