Winston Contracts to Sell a Plot of Land Called Blackacre

question 24

Multiple Choice

Winston contracts to sell a plot of land called Blackacre to Paris for $500,000.Winston breaches the contract and Paris sues him.Blackacre's reasonable market value at the time of the breach was $525,000.Paris can recover:

• A)nothing,for he hasn't really suffered any harm.
• B)nothing,because specific performance is his only remedy here.
• C)only $25,000.
• D)the entire $500,000.

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Definitions:

Psychodynamic Perspective

A psychological approach that emphasizes the systematic study of the psychological forces that underlie human behavior, feelings, and emotions and how they might relate to early experiences.

Scientific Attitude

A mindset characterized by curiosity, skepticism, and the search for empirical evidence when exploring phenomena or solving problems.

Humility

The quality of having a modest or low view of one's importance, often allowing for more open-mindedness and growth.

Practicality

The aspect of being sensible, realistic, and focused on what is achievable or effective in real-life situations.