Stanislav Contractually Agreed to Sell a Piece of Land to Tien

question 2

Multiple Choice

Stanislav contractually agreed to sell a piece of land to Tien for $250 000.When the time came to transfer title,however,Stanislav refused to complete the transaction.Tien consequently refused to pay any part of the price and justifiably sued for specific performance.At that time,the market value of the land was $300 000.The case was not decided by a court for five years.The judge then held that Stanislav was liable for breach of contract.At that time,the land was worth $400 000.Which of the following statements is TRUE?

• A)If the court awards damages,Tien is entitled to receive $250 000.
• B)If the court awards damages,Tien is entitled to receive $400 000.
• C)If the court awards damages,Tien is entitled to receive $300 000.
• D)If the court awards damages,Tien is entitled to receive $150 000.
• E)If the court awards damages,Tien is entitled to receive $50 000.

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Definitions:

Crowd

Large groups of people gathered in a location, often for a specific purpose or event.

Dating

A stage of romantic relationships in humans whereby two people meet socially with the aim of each assessing the other's suitability as a prospective partner.

Group Cohesion

The bond or sense of unity among members of a group, characterized by mutual support and shared goals.

Cliques

Small groups that range from 2 to about 12 individuals and average about 5 or 6 individuals. Cliques can form because of friendship or because individuals engage in similar activities, and members usually are of the same sex and about the same age.