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
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