Contracts
In Arizona, specific performance as a remedy for breach of a real estate contract means:
AThe breaching party pays money damages
BThe court orders the breaching party to complete the transaction✓ Correct
CThe contract is rescinded and both parties are returned to their original positions
DThe earnest money is forfeited
Explanation
Specific performance is a legal remedy where the court orders the breaching party to fulfill the contract obligations—often sought in real estate because land is considered unique and money damages may be inadequate.
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