subject
Business, 30.10.2020 17:00 dinadenoirefan

Land Developer agrees to buy an acre of land from Property Owner for $20,000. Following payment of the purchase price by Land Developer, Property Owner breaches the contract and refuses to convey the land on the scheduled closing date (after learning that the market price of the land had risen 50% - from $20,000 to $30,000 - between the date of the sale and the scheduled closing date). Assuming that the equitable remedy of specific performance is not available, Land Developer may elect to file suit seeking (i) refund of the purchase price and (ii) compensatory damages. What would be the amount of Land Developers ‘benefit of the bargain’ compensatory damages

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:30
At the end of the week, carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings account. the bank keeps the required reserve and then loans out the remaining balance to a qualified borrower named malik as a portion of his small business loan. malik uses the loan to buy a tractor for his construction business and makes small monthly payments to the bank to payback the principal balance plus interest on the loan. the bank profits from a portion of the interest payment received and also passes some of the interest back to carla in the form of an interest payment to her savings account. in this example, the bank is acting
Answers: 1
question
Business, 22.06.2019 01:30
Elliott company produces large quantities of a standardized product. the following information is available for its production activities for march. units costs beginning work in process inventory 2,500 beginning work in process inventory started 25,000 direct materials $ 3,725 ending work in process inventory 5,000 conversion 11,580 $ 15,305 status of ending work in process inventory direct materials added 185,750 materials—percent complete 100 % direct labor added 182,375 conversion—percent complete 30 % overhead applied (140% of direct labor) 255,325 total costs to account for $ 638,755 ending work in process inventory $ 62,530 prepare a process cost summary report for this company, showing costs charged to production, unit cost information, equivalent units of production, cost per eup, and its cost assignment and reconciliation. use the weighted-average method. (round "cost per eup" to 2 decimal places.)
Answers: 1
question
Business, 22.06.2019 19:00
20. to add body to a hearty broth, you may use a. onions. b. pasta. c. cheese. d. water.
Answers: 2
question
Business, 23.06.2019 02:00
When making a major purchase, i often spend months to learn all the issues?
Answers: 3
You know the right answer?
Land Developer agrees to buy an acre of land from Property Owner for $20,000. Following payment of t...
Questions
question
Biology, 03.12.2021 02:00
Questions on the website: 13722363