c. Modifying (a), assume that the subject matter of the agreement is undeveloped farmland of little commercial value.
| ♥ 0 |
In which of the following situations is specific performance available as a remedy? |
Explanation
a is correct
The law is going togrant permission to Individual A to receive the specific performance from Individual M because as per Section 360 of the Restatement (Second) of Contracts, the shares are not listed in any stock exchange without having market value and being required to be sold by Individual M especially.
c is correct
The law can grant permission for specific performance in the case of property, real estate, and unique services. Individual A is going toreceive specific performance from Individual M because the farmland is extraordinary in comparison to other lands.
b is incorrect
The law is not going tograntthe order to Individual A to get the specific performance from Individual M because the shares of Country U's steel corporation are already listed and should be marketable, according to the laws of stock exchange.
How would you rate this answer and explanation?
