Question: Could I have only answer? If I need a explaination, I will leave a additional comment. Thanks. If transaction costs are very low or zero,
Could I have only answer?
If I need a explaination, I will leave a additional comment.
Thanks.
If transaction costs are very low or zero, the specific performance remedy will:
1) Result in a more efficient outcome than expectation damages.
2) Have no impact.
3) Result in a more inefficient outcome than expectation damages.
4) Result in the same economic outcome as expectation damages.
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