Asked by mireia lópez on Jul 14, 2024
Verified
Margo, who has inherited her grandmother's house and its contents, discovers a painting in the attic and enters into a contract to sell the painting to Antiques Unlimited, Inc. As Margo is loading the painting into the car, she notices the name Van Gogh in the lower right-hand corner and takes the painting to an art dealer for appraisal. When Margaret learns that it is indeed a rare Van Gogh painting, she refuses to sell it to Antiques Unlimited, Inc. What remedy would Antiques Unlimited, Inc. seek?
A) An injunction
B) Monetary damages
C) Specific performance
D) None of these choices is correct.
Specific Performance
A judicial decree that requires a party to perform a specific act, usually what is stated in a contract, as opposed to paying damages for failing to perform.
Van Gogh
A Dutch post-impressionist painter known for his vivid paintings and tumultuous life, considered one of the most influential figures in the history of Western art.
Monetary Damages
Compensation in the form of money awarded to a person for loss or injury caused by the acts or omissions of another.
- Recognize the differences between specific performance and additional legal remedies within contract law.
Verified Answer
Learning Objectives
- Recognize the differences between specific performance and additional legal remedies within contract law.
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