Contracts
In NC, the legal remedy of 'specific performance' in a real estate contract means:
AThe defaulting party pays money damages
BThe court orders the defaulting party to complete the sale as agreed✓ Correct
CThe contract is rescinded and all deposits returned
DThe buyer must accept a different property as substitute
Explanation
Specific performance is a legal remedy available in real estate because each parcel of land is considered unique. A court can order the breaching party to actually perform the contract (complete the sale) rather than just pay monetary damages.
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