Author Question: Which of the following statements best describes specific performance? A) It refers to the payment ... (Read 85 times)

swpotter12

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Which of the following statements best describes specific performance?
 A) It refers to the payment of compensatory damages by a party as a remedy for breach of contract.
 B) It refers to the carrying out of the specific terms of a contract.
 C) It refers to carrying out of terms that were not specified in a contract in order to compensate for damages.
 D) It refers to the payment of liquidated damages by a party as a remedy for breach of contract.

Question 2

The doctrine of substantial performance is concerned with the issue of whether an imperfect performance will be considered adequate to discharge one's responsibilities under a contract.
  Indicate whether the statement is true or false



mrphibs

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Answer to Question 1

B

Answer to Question 2

TRUE



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