Which of the Following Statements Is True

question 3

Multiple Choice

Which of the following statements is true?
I.If parties agree to a clause which specifies a sum payable by the contract breaker in the event of breach, the innocent party is barred from seeking specific performance.
II.If the parties agree to a clause which specifies that specific performance will be awarded in the event of breach, the court must award specific performance.

• A) Both I and II.
• B) Only I.
• C) Only II.
• D) Neither I nor II.