Rich Pugh Unit 6 Assinment

Rich Pugh Unit 6 Assinment - Unit 6 Case Study 1 Rich Pugh...

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Unit 6 Case Study 1 Rich Pugh Business Law LS311 Unit 6 Case Study Nivea Castro, J.D. 07/19/2011
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Unit 6 Case Study 2 Specific performance is an equitable remedy which calls for the performance of an act promised in a contract. Specific performance is an enticing remedy for the nonbreaching party because it avoids three inherent problems of receiving a judgment for monetary damages. In receiving specific performance as opposed to monetary damages the nonbreaching party does not need to worry about collecting the judgment, do not need to find another contract, or actual performance may be more valuable than monetary damages. Specific performance, however, will not be granted unless monetary damages are found to be inadequate, such as sale of land. Sale of land would qualify for specific performance because land is unique and monetary damages would not compensate the buyer adequately due to its uniqueness (Jentz & Miller, 2008., p. 246). In the scenario of Tarrington not selling the house to Rainer is covered under the
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Rich Pugh Unit 6 Assinment - Unit 6 Case Study 1 Rich Pugh...

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