Ann,a Massachusetts Resident,breached a Contract Entered into in Florida with Bruce.Bruce

question 25

Multiple Choice

Ann,a Massachusetts resident,breached a contract entered into in Florida with Bruce.Bruce successfully obtains a judgment against Ann for $150,000 in a Florida state court.Ann lives in a nice apartment in Massachusetts,and her only substantial asset is a vacation beach house in North Carolina.Which of the following is true regarding Bruce's ability to obtain funds from a sale of the beach house?

• A) Bruce is only entitled to obtain funds from property located in Florida, the location of the lawsuit, and cannot benefit from the property in North Carolina.
• B) Bruce is only entitled to obtain funds from property located in Florida, the location of the lawsuit, or from Massachusetts, Ann's domicile, and cannot benefit from the property in North Carolina.
• C) Bruce will be able to sell the beach house in North Carolina through attachment jurisdiction, and he is entitled to keep any funds obtained in excess of amounts owed.
• D) Bruce will be able to sell the beach house in North Carolina through attachment jurisdiction, but he must return to Ann any funds obtained in excess of amounts owed.
• E) Under federal law, Bruce will only be able to sell the beach house through attachment jurisdiction if after two years Ann has failed to satisfy the judgment, and any sums received in excess of amounts owed to Bruce go the Federal Housing Administration.

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