QuickHelper

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About QuickHelper

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Elementary,High School,College,University,PHD

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Accounting,Applied Sciences See all
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Teaching Since: May 2017
Last Sign in: 259 Weeks Ago, 5 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Management Posted 02 Oct 2017 My Price 10.00

You have entered into a valid binding bilateral contract

You have entered into a valid binding bilateral contract to buy a painting in a private collection by the famous Dutch painter, Vermeer, for 11 million dollars.  It is a rare item and a rare price. Before you can take possession, the seller tells you that he is refusing to honor the contract because he has a much, much better offer from the Tate Gallery in London.  The breach of contract remedy that will allow you to obtain the painting itself rather than any monetary damages is:

 

options:

1)   Specific Performance

2)   Consequential Damages

3)   Punitive Damages

4)   Compensatory Damages 

Answers

(10)
Status NEW Posted 02 Oct 2017 05:10 PM My Price 10.00

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