Contracts
In South Carolina, specific performance as a remedy in a real estate contract means:
AThe breaching party pays a predetermined amount of money
BA court orders the breaching party to complete the transaction as agreed✓ Correct
CThe innocent party may rescind the contract and recover all costs
DThe parties must submit to binding arbitration
Explanation
Specific performance is an equitable remedy where a court compels the breaching party to fulfill their contractual obligations. Real estate is considered unique, making this remedy available when monetary damages are inadequate.
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