Contracts
Specific performance as a remedy in a real estate contract dispute means:
AA court orders the breaching party to pay monetary damages
BA court orders the breaching party to complete the transaction as agreed✓ Correct
CThe injured party may re-list the property at a higher price
DAREC suspends the license of the party in breach
Explanation
Because each parcel of real estate is unique, courts may order specific performance — compelling the breaching party to fulfill the contract — rather than substituting monetary damages.
Related Arkansas Contracts Questions
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