Performance or compensatory damages


Problem: Read the following scenarios and explain whether the court will likely grant specific performance or compensatory damages.

1) Buffy contracts to sell her home to Dixie for $200,000. Before the deal closes, Barney offers to purchase the house for $225,000. Buffy refuses to sell the property to Dixie.

2) Sinbad contracts to perform his comedy act at a Las Vegas nightclub for one month, beginning on September 1. Sinbad gets a better offer at another club and refuses to perform.

3) Bell Computer Corp. has three shareholders. Casey and Lacy each own 45% and Nicki owns 10%. Nicki contracts to sell his 10% to Lacy, but later refuses to transfer to shares.

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Business Law and Ethics: Performance or compensatory damages
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