Development Associates (DA)agrees to Buy Five Acres of Land from Elegant

question 3

Multiple Choice

Development Associates (DA) agrees to buy five acres of land from Elegant Properties for $15,000.Elegant fails to go through with the deal on the agreed date,when the market price of the land is $17,000.DA files a suit against Elegant.DA may recover

• A)$17,000.
• B)$15,000.
• C)$2,000.
• D)nothing.

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