Asked by
Yonas Worku
on Nov 27, 2024Verified
Faiz enters into a contract to buy 350 acres from Grain Farm to cultivate hops and open a brewery. Faiz fails to make the purchase. Grain Farm's remedy is most likely
A) the amount that Faiz expected to invest in the brewery.
B) a percentage of Faiz's unrealized profit.
C) the difference between the contract and market prices of the land.
D) nothing-Grain Farm still owns the land.
Cultivate Hops
The agricultural practice of growing hops, which are plants used primarily as a flavoring and stability agent in beer.
Market Prices
The prevailing price at which goods, services, or securities are bought and sold in a market.
Brewery
An establishment focused on the production of beer through the fermentation process, which may also serve as a venue for selling and tasting.
- Pinpoint and evaluate diverse reparations for infringement of contracts, encompassing specific enforcement and liquidated penalties.
Verified Answer
DM
Learning Objectives
- Pinpoint and evaluate diverse reparations for infringement of contracts, encompassing specific enforcement and liquidated penalties.