What is Debbie's legal remedy for breach of contract when a seller refuses to convey land valued at $38,000 but contracted for $30,000?

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In this scenario, Debbie's legal remedy for breach of contract centers around seeking compensation for her actual loss resulting from the seller's refusal to convey the land. When determining the remedy for a breach of contract in the context of real estate, the law typically considers the difference between the contract price and the fair market value of the property at the time of breach.

Here, the seller was contracted to sell the land for $30,000, but the fair market value at the time of breach is $38,000. The appropriate measure of damages in this instance is the difference between the fair market value and the contract price. Therefore, Debbie is entitled to the difference of $8,000, which represents the amount she would have benefited by receiving the property valued at $38,000 rather than paying the contracted amount of $30,000.

This calculation aligns with the principle that damages for breach of contract are intended to put the injured party in the position they would have been in had the contract been fulfilled, thus compensating for the lost value.

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