Examlex
Walking into a class that he had foolishly ignored for a month, Roy discovers that an exam is scheduled for that session. As part of his panic, which of the following happens?
Specific Performance
A judicial remedy requiring a party to fulfill their obligations under a contract, typically used when monetary damages are insufficient.
Reasonable Market Value
An estimate of the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.
Blackacre
A fictional name often used in legal documents or discussions to represent a hypothetical piece of real property.
Specific Performance
A legal remedy requiring a party to execute a contract according to its precise terms, typically applied in cases involving unique goods or property.
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