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A When Is Specific Performance Available to Enforce a Contract

question 51

Essay

a. When is specific performance available to enforce a contract?
b. Under what circumstances will a court grant specific performance to enforce a contract involving personal services?
c. What remedy did the court award in the Madison Square Garden case? Explain why the court chose this remedy.


Definitions:

Machine Hours

A measure of the amount of time a machine is in operation, used as a basis for allocating manufacturing overhead to products.

Electrical Cost

The expense incurred from the consumption of electricity by a business or home.

Curvilinear Fashion

A term describing a line or relationship that curves in a smooth, non-linear manner, indicating a complex relationship between variables.

Fixed Costs

Expenses that do not change in total despite fluctuations in the level of production or sales activities, such as rent, salaries, and insurance.

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