Dev agrees to sell walter a house in 60 days. at the planned time, dev breaches the agreement by refusing to sell the house. because walter wanted the particular house for its personal significance, he cannot be compensated with another house. in this case, the court will most likely require dev to sell walter the house as promised. which type of equitable remedy is indicated in this scenario

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06-08-2017
Business

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Dev agrees to sell walter a house in 60 days. at the planned time, dev breaches the agreement by refusing to sell the house. because walter wanted the particular house for its personal significance, he cannot be compensated with another house. in this case, the court will most likely require dev to sell walter the house as promised. which type of equitable remedy is indicated in this scenario

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Erudite1 Erudite1 · Answer 1 · 2017-08-19T13:42:59+02:00

Erudite1 Erudite1

19-08-2017

The type of equitable remedy indicated in the scenario above is SPECIFIC PERFORMANCE EQUITY.
Specific performance equity refers to the order of a court that requires a party to perform a specific act which is usually that stated in a contract. It is considered as an alternative to damages.

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