Contracts
What is 'specific performance' as a remedy in a real estate contract?
AMonetary damages paid to the injured party
BA court order requiring the breaching party to complete the contract as agreed✓ Correct
CCancellation of the contract with return of earnest money
DA penalty clause that doubles the earnest money
Explanation
Specific performance is a court-ordered remedy requiring the breaching party to fulfill their contractual obligations. It is commonly sought in real estate because each property is considered unique.
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