Contracts
What is the legal remedy of 'specific performance' in a real estate contract dispute?
AA cash award equal to the purchase price
BA court order requiring the defaulting party to complete the sale as agreed✓ Correct
CA penalty paid to the injured party's attorney
DCancellation of the contract with no further obligations
Explanation
Specific performance is an equitable remedy where a court compels the breaching party to fulfill the terms of the contract. It is commonly sought in real estate disputes because each parcel of land is considered unique.
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