Question: Answer the question based on IRAC METHOD ( ISSUE RULE ANALYSIS CONCLUSION ) : Anthony makes a contract to sel a rare painting to Laura

Answer the question based on IRAC METHOD ( ISSUE RULE ANALYSIS CONCLUSION): Anthony makes a contract to sel a rare painting to Laura for $100,000. The written contract specifies that fi Anthony should fail toperform the contract, he wil pay Laura $5,000 as liquidated damages. Anthony fails to deliver the painting and si sued by Laura for $5,000. Can she recover this amount? - state that: liquidated damages because of the specification in the contract and that she gave up her right for specific performance.

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