Contracts
A South Carolina seller who refuses to close after a contract is ratified may be subject to:
AOnly a small administrative fine
BSpecific performance or a lawsuit for damages by the buyer✓ Correct
CLicense revocation if they are a licensee
DMandatory mediation with no other remedies
Explanation
A seller who breaches a ratified contract may be sued for specific performance (to compel the sale) or for compensatory damages. The buyer may choose the most appropriate remedy.
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