Specific Performance Is an Equitable Remedy Requiring Exactly the Performance

question 69

True/False

Specific performance is an equitable remedy requiring exactly the performance that was specified in a contract.

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Definitions:

Abnormal Return

Returns on a security that differ from the expected rate of return, often adjusted for risk.

Bogey Portfolio

A reference portfolio used to gauge the performance of an investment portfolio.

Asset Classes

Categories of assets, such as stocks, bonds, real estate, and cash, that exhibit similar characteristics, behave similarly in the marketplace, and are subject to the same laws and regulations.

Investments

Assets or items acquired with the goal of generating income or appreciating in value.