Specific Performance Is an Equitable Remedy Which Seeks to Compel

question 8

True/False

Specific performance is an equitable remedy which seeks to compel the party in breach to perform the contract according to its terms.

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Definitions:

Government

The organization, or group of people and institutions, that has the authority to govern or lead a community, state, region, or country.

Competitors

Other businesses or individuals that offer similar products or services within the same market, vie for the same customer base, and compete for market share.

Shareholders

Individuals or entities that own a share or shares of stock in a corporation, giving them partial ownership of the company.

Suppliers

Businesses or individuals that provide goods or services to another company as part of the supply chain.