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Specific performance is the remedy customarily used when one party has breached a contract for the sale of goods.
true
true
false
false
specific performanc
false
a liquidated damages clause.
Lester must return the $40 and Myrtle must return the player.
SFX Paintball and Truck/Trailer Delivery Corporation sign an agreement to pay $1,000 for any breaches that occur. Because damages can be difficult to estimate; the $1,000 is...
true
true
false
false
specific performanc
false
a liquidated damages clause.
Lester must return the $40 and Myrtle must return the player.
The four broad types of damages in contract law are conciliatory, consecutive, punctual, and nominative.
true
true
false
false
specific performanc
false
a liquidated damages clause.
Lester must return the $40 and Myrtle must return the player.
Karif orally agrees to buy a unique collection of sports memorabilia for $1,000 from Jane and sends her $250 as a down payment. When Karif sends her the rest of the price, Jane refuses to ship the collection. Karif should seek
true
true
false
false
specific performanc
false
a liquidated damages clause.
Lester must return the $40 and Myrtle must return the player.
A contract may include a clause stating that no damages can be recovered for a certain type of breach.
true
true
false
false
specific performanc
false
a liquidated damages clause.
Lester must return the $40 and Myrtle must return the player.
Lester and Myrtle want to rescind their contract under which Lester sold an MP3 player for $40. To rescind the contract
true
true
false
false
specific performanc
false
a liquidated damages clause.
Lester must return the $40 and Myrtle must return the player.
Most parties settle their lawsuits for damages or other remedies prior to trial.
true
true
false
false
specific performanc
false
a liquidated damages clause.
Lester must return the $40 and Myrtle must return the player.
The purpose of the doctrine of election of remedies is to permit double recovery.
true
true
false
false
specific performanc
false
a liquidated damages clause.
Lester must return the $40 and Myrtle must return the player.
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