Fact Pattern 19-B1 (Questions B4-B5 Apply)

question 13

Multiple Choice

Fact Pattern 19-B1 (Questions B4-B5 apply)
Ambrose enters into a contract to buy 350 acres from Belle Vista Farms to cultivate grapes and open a winery.
-Refer to Fact Pattern 19-B1.If Belle Vista breaches the contract,Ambrose's remedy would most likely be

• A)a certain ratio of the amount that Ambrose expected to invest in the project.
• B)a percentage of Belle Vista's unrealized profit.
• C)the difference between the land's contract and market prices.
• D)specific performance.

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Definitions:

Lead Paint

Paint that contains lead, a toxic metal, used in buildings before its health risks were widely recognized.

Market Share

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in that market.

Motion To Dismiss

In a civil case, a request by the defendant that asks a judge or a court to dismiss the case because even if all the allegations are true, the plaintiff is not entitled to any legal relief. Also called demurrer.

Lead Paint

A type of paint that contains lead, a heavy metal, which can be toxic when ingested or inhaled, especially harmful to children.