Buyer Bert can't believe that Seller Sam has had a last-second change of heart about entering into an agreement to sell his home to Bert. Sam has offered to refund Bert's earnest money and even pay him something in acknowledgment of Bert's inconvenience and disappointment, but Bert's not having it. He wants Sam's house. Choose the remedy for breach of trust that Bert will most likely take. accept compensatory damages demand specific performance initiate rescission settle for liquidated damages 19:19

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Buyer Bert can't believe that Seller Sam
has had a last-second change of heart
about entering into an agreement to sell
his home to Bert. Sam has offered to
refund Bert's earnest money and even
pay him something in acknowledgment
of Bert's inconvenience and
disappointment, but Bert's not having it.
He wants Sam's house.
Choose the remedy for breach of trust
that Bert will most likely take.
accept compensatory damages
demand specific performance
initiate rescission
settle for liquidated damages
19:19
Transcribed Image Text:Buyer Bert can't believe that Seller Sam has had a last-second change of heart about entering into an agreement to sell his home to Bert. Sam has offered to refund Bert's earnest money and even pay him something in acknowledgment of Bert's inconvenience and disappointment, but Bert's not having it. He wants Sam's house. Choose the remedy for breach of trust that Bert will most likely take. accept compensatory damages demand specific performance initiate rescission settle for liquidated damages 19:19
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