Seller and purchaser enter into a contract to purchase real estate at a purchase price of $310,000. Seller refuses to perform the contract, and at the time of the seller's default, the fair market value of the property is $350,000. The purchaser can recover from the seller the following money damages.
a. $350,000
b. 0
c. $40,000
d. $310,000
c. $40,000
Legal Studies & Paralegal
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