Contracts
The legal remedy of 'specific performance' in an Alaska real estate contract means:
AThe breaching party pays monetary damages
BThe court orders the breaching party to fulfill the contract terms✓ Correct
CThe contract is rescinded and parties return to original positions
DThe earnest money is forfeited
Explanation
Specific performance is an equitable remedy where the court compels the breaching party to perform the contract as agreed. It is often sought in real estate disputes because each parcel is considered unique.
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