Asked by WORST NIGHTMARE on May 02, 2024
Verified
Stella contracts to purchase Wilma's horse,Running Cloud,for $10,000.The horse dies soon after the contract is signed,but prior to Stella taking possession of the horse.Wilma can sue Stella for specific performance.
Specific Performance
A legal remedy in contracts law requiring a party to perform their part of the contract, as opposed to paying damages for failing to do so.
- Understand the basic legal concepts related to contracts, including duties, rights, and obligations of the parties involved.
- Identify the conditions under which a contract may be legally enforced or deemed void, voidable, or unenforceable.
Verified Answer
RI
Ruwda ishaqMay 08, 2024
Final Answer :
False
Explanation :
Specific performance is a remedy used to enforce a contract for the sale of goods or property. In this case, since the horse has died prior to possession being transferred, it is impossible for the contract to be performed. Wilma cannot sue Stella for specific performance, but could potentially sue for damages or breach of contract.
Learning Objectives
- Understand the basic legal concepts related to contracts, including duties, rights, and obligations of the parties involved.
- Identify the conditions under which a contract may be legally enforced or deemed void, voidable, or unenforceable.
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