Contracts
A purchase contract that provides for specific performance as a remedy allows the non-breaching party to:
ACollect double the earnest money
BForce the breaching party to complete the transaction as agreed✓ Correct
CSue for emotional distress
DCancel the contract without penalty
Explanation
Specific performance is an equitable remedy that compels the breaching party to perform their contractual obligations, typically used in real estate because land is considered unique.
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