Vladimir Entered into a Contract to Buy Daniel's Collection of Rare

question 18

Multiple Choice

Vladimir entered into a contract to buy Daniel's collection of rare stamps. Vladimir mailed payment of $10,000 for the stamps to Daniel, but now Daniel tells Vladimir, "I'll never part with these stamps." Are the following remedies available to Vladimir?

• A) Restitution: Yes; Specific Performance: Yes
• B) Restitution: Yes; Specific Performance: No
• C) Restitution: No; Specific Performance: Yes
• D) Restitution: No; Specific Performance: No

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Definitions:

Private Property

Property owned by individuals or companies, not by the state or public entities, and protected by law; includes both tangible and intangible assets.

Social Solidarity

The sense of unity and mutual support within a society, which binds individuals together and facilitates cooperation.

Strangers

Individuals who are unknown or unfamiliar to one another, often highlighting the potential for neither positive nor negative expectations in initial interactions.

Critical Distance

The ability to analyze and assess a subject or situation objectively without bias.