Vladimir Entered into a Contract to Buy Daniel's Collection of Rare

question 18

Multiple Choice

Vladimir entered into a contract to buy Daniel's collection of rare stamps. Vladimir mailed payment of $10,000 for the stamps to Daniel, but now Daniel tells Vladimir, "I'll never part with these stamps." Are the following remedies available to Vladimir?

• A) Restitution: Yes; Specific Performance: Yes
• B) Restitution: Yes; Specific Performance: No
• C) Restitution: No; Specific Performance: Yes
• D) Restitution: No; Specific Performance: No

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Definitions:

Unconformity

A geological surface that represents a gap in the geological record, with layers of rock that were laid down non-continuously.

Fossil Fern

The preserved remains or imprints of ancient ferns in rocks, often serving as indicators of past climatic conditions.

Deep Ocean

The part of the ocean beyond the continental shelf, characterized by great depths, low temperatures, and high pressure.

Fossil Shells

Remnants of the hard protective outer layer of once-living aquatic organisms, which have been preserved in the Earth's crust over geological time.