What remedies are available to a buyer or seller in an action for breach of a contract for sale and purchase?
What will be an ideal response?
The remedies available to a buyer or seller in an action for breach of a contract for sale and purchase will be either the return (or retention) of the deposit(s), liquidated damages, a suit for monetary damages, or a suit for specific performance.
You might also like to view...
The U.S. Supreme Court decision in United States v. Miller, 425 U.S. 435 (1976) that there is no reasonable expectation of privacy in information held by a third party under the Fourth Amendment extends to social networking sites
a. True b. False Indicate whether the statement is true or false
T or F A party has 30 days to answer interrogatories,unless the interrogatories are served with the complaint.
Answer the following statement true (T) or false (F)
Sham consideration does not meet the peppercorn test because it is feigned or pretend consideration and therefore cannot be consideration for the promisor's promise.?
Answer the following statement true (T) or false (F)
A warranty contained in a general warranty deed that the land is unencumbered is known as the “covenant of seisin.”
Answer the following statement true (T) or false (F)