When the Seller in a Contract for Sale Fails to Perform

question 15

Multiple Choice

When the seller in a contract for sale fails to perform (e.g. breach of contract, nonperformance, or default) , the buyer has a variety of remedies. One such remedy is to appeal to the court to force the defaulting seller to carry out the contract. This remedy is most commonly referred to as suing for:

• A) Damages.
• B) Earnest.
• C) Recission.
• D) Specific performance.

---

Definitions:

Predictability

The ability to foretell future events or behaviors based on patterns or known information.

Standardization

The process of developing and implementing technical standards to ensure consistency, safety, and interoperability of products and services.

George Ritzer

George Ritzer is a prominent American sociologist known for his contributions to consumer culture theory, globalization, and his concept of McDonaldization.

McDonaldization

The process by which the principles of the fast-food industry, such as efficiency and standardization, have come to dominate other sectors of society.