Question: Remaining Time: 1 9 minutes, 2 7 seconds. Question Completion Status: Forest Acres fails to close the sale. Erma's remedy is most likely a .

Remaining Time: 19 minutes, 27 seconds.
Question Completion Status:
Forest Acres fails to close the sale. Erma's remedy is most likely
a. the amount that Erma invested in the project to the date of the closing.
b. specific performance.
c. the difference between the contract and market prices of the land.
d. nothing-Forest Acres still owns the land.
QUESTION 17
Eugene, an accountant, convinces his client Faye to enter into a contract to invest her savings in Gather, a non-existent social media site. There is clear and convincing evidence that Faye did not act out of her free will. This is
a. undue influence.
b. duress.
c. mistake.
d. fraudulent misrepresentation.
QUESTION 18
Holes Inc. begins digging a foundation at a construction site for Investment Company under a contract for a certain price. After six months, Holes demands a higher price because of extraordinary difficulties that were totally unforeseen at the time the contract was formed. An agreement to pay the higher price is
a. enforceable due to unforeseen difficulties.
b. enforceable as the consideration is past.
c. unenforceable due to the preexisting duty rule.
d unenforreahle ac an illucon nramice
 Remaining Time: 19 minutes, 27 seconds. Question Completion Status: Forest Acres

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!