On February 1, Arnold contracted to sell his ranch to Beatrice for $250,000. It was agreed between the two that the transfer would occur on May 1. On March 15, Arnold received an offer from Clarence to buy the ranch for $300,000. Arnold agreed and the parties set a closing date of April 15 on which date Arnold duly conveyed the ranch title to Clarence.
Assume that Clarence had no knowledge of the agreement between Arnold and Beatrice, what remedy is available to Beatrice for breach of contract? Please explain.