Which Is Not a Correct Statement Concerning the Remedy of Specific

question 23

Multiple Choice

Which is not a correct statement concerning the remedy of specific performance?

• A) The subject matter of the contract must generally be unique.
• B) An award of monetary damages would be an inadequate remedy.
• C) The granting of specific performance is discretionary with the court.
• D) It is generally available in all breach of contract cases.

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Definitions:

Economic Welfare

The overall well-being of individuals and communities in terms of wealth, health, and happiness, often assessed by indicators like GDP and quality of life measures.

Federal Reserve Bank

The central banking system of the United States, responsible for setting monetary policy, issuing currency, and regulating financial institutions.

Money Supply

The sum total of all monetary assets within an economy, accounting for cash, coins, and checking and savings accounts' balances, at a specific instant.

United States Treasury

A government department responsible for managing federal finances, issuing currency, collecting taxes, and paying bills on behalf of the United States government.