The Equitable Remedy of Specific Performance Is Most Likely to Be

question 21

Multiple Choice

The equitable remedy of specific performance is most likely to be awarded by a court in which of the following circumstances?

• A)Sale of a Da Vinci original where the seller refuses to deliver
• B)Sale of a perfume bottle which the seller refuses to deliver
• C)A promisee's failure to perform at a charity event
• D)A promisee's failure to deliver a contract of employment

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Definitions:

Express Agreement

A contract wherein the terms and conditions are stated clearly and explicitly by the parties involved.

Implied Agreement

A contract formed by actions of the parties that indicate a mutual intent to agree, rather than through written or spoken words.

Partnership Term

The duration or length of time during which a partnership agreement is effective or operational.

Personal Debts

Financial obligations or amounts owed by individuals as opposed to businesses or governments.