1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fynjy0 [20]
2 years ago
12

An equitable remedy requiring exactly the performance that was specified in a contract; usually granted only when monetary damag

es would be an inadequate remedy and the subject matter of the contract is unique is called Group of answer choices rescission. specific performance. consequential damages. reformation.
Business
1 answer:
solniwko [45]2 years ago
5 0

An equitable remedy requiring exactly the performance that was specified in a contract is called OR Usually granted only when monetary damages would be an inadequate remedy and the subject matter of the contract is unique is called : Specific Performance.

<h3>What are equitable remedies ?</h3>

An equitable remedy is a contract remedy that restores the parties to the same position they would have been in if no breach of contract occurred. It is also called a "just" or "equitable" remedy. The most common equitable remedies are money damages, specific performance, and rescission.

<h3>What is the Specific Performance?</h3>

Specific performance is an equitable remedy in the law of contract, whereby a court issues an order requiring a party to perform a specific act, such as to complete performance of the contract. It is typically available in the sale of land law, but otherwise is not generally available if damages are an appropriate alternative.

Specific performance is almost never available for contracts of personal service, although performance may also be ensured through the threat of proceedings for contempt of court.

Learn more about The Equitable Remedy of Specific Performance on:

brainly.com/question/17401392

#SPJ4

You might be interested in
Toronto-based Mercedes-Benz Canada, with a network of 55 dealers, did not know enough about its customers. Dealers provided cust
frutty [35]

<u>Explanation:</u>

Mercedes-Benz adopts a method where the dealers are the only contact with the customers and company has failed to communicate with the customers directly.

Customer Relationship Management (CRM) is a tool that can be utilized by the company for easier day to day work. The information can be kept up to date which is easy to import, export and apply statistics to find information. The information can be accessed by Mercedes from anywhere. It helps to connect with the customers.

Another tool Partner Relationship Management (PRM) is used to connect with partners. The tasks can be scheduled and performance can be managed. Information and report details can be shared with the help of CRM and PRM from dealers and partners with Mercedes.

6 0
3 years ago
Commissions charged on the trading of stock are
gtnhenbr [62]

Answer:

D. Charged on the buying and selling of stock.

Explanation:

Trade is defined as the action of buying and selling goods and services. And a trade commission is payed whenever an action is being traded, whether it is on the sale or on the buying.

8 0
3 years ago
Read 2 more answers
Suppose that the vast majority of 3/4 ton pick-up trucks in America are produced by companies A, B, C, and D and that they all s
andrew-mc [135]

Answer:

b. A very large increase in sales. A very rapid and similar response by the other large firms in the industry.

Explanation:

As for the information there is no clear agreement to sell the goods at the same price, like that of other industries.

Further since all the companies follow the same price, there is no such differentiation.

In case one of the companies, in our case company A if decreases the price then it will abruptly that is in no clear sequence will increase its sales, and the after effects will also include the decrease in prices by other remaining industries that is B, C and D.

4 0
3 years ago
Pierre is a foreman in a plant. he has 25 line workers who report to him on the night shift. from what you have read about organ
Airida [17]
Given that <span>Pierre is a foreman in a plant. he has 25 line workers who report to him on the night shift.

From what you have read about organization charts, what you know for sure is that Pierre has a wide span of control.

Span of control refers to the </span><span>number of subordinates that a manager or supervisor can directly control.
</span>
8 0
4 years ago
A company is analyzing two mutually exclusive projects, S and L, with the following cash flows:0 1 2 3 4Project S -$1,000 $895.0
almond37 [142]

Answer:

Project L is the better project as it has higher NPV and its IRR is 12.70%

Explanation:

- NPV of Project S as followed:

-1,000 + 895.03/(1+10.5%) + 250/(1+10.5%)^2 + 10/(1+10.5%)^3 + 5/(1+10.5%)^4 = $25.5

- NPV of Project L as followed:

-1,000 + 5/(1+10.5%) + 260/(1+10.5%)^2 + 420/(1+10.5%)^3 + 802.5/(1+10.5%)^4 = $67.

<u>=> Project L is the better Project as it has higher NPV.</u>

The IRR is the discount rate that puts the net present value of project's cash flows to 0 (zero).

- IRR of Project L as followed:

-1,000 + 5/(1+IRR) + 260/(1+IRR)^2 + 420/(1+IRR)^3 + 802.5/(1+IRR)^4 = 0 <=> IRR = 12.70%

7 0
3 years ago
Other questions:
  • The project involves an initial investment of $100,000 in equipment that falls in the 3-year MACRS class and has an estimated sa
    13·1 answer
  • 12.The competitive strategy of a firm pursuing a "think global, act local" approach to strategy-making A. entails little or no s
    6·1 answer
  • "Using your favorite search engine, the resources of your library, and information available on the Uber Web site, identify and
    9·1 answer
  • Vulcan, Inc., has 7 percent coupon bonds on the market that have 13 years left to maturity. The bonds make annual payments and h
    13·1 answer
  • What happens to most projects' value under the CAPM if there is a sudden increase to its market-beta
    10·1 answer
  • Dulce Company produces chocolate. Each pound of chocolate requires 400 cocoa beans (the unit quantity standard) and 0.15 labor h
    5·1 answer
  • How can entrepreneurs save money in case the government increases taxes on small businesses?
    13·1 answer
  • Supercircuits is a decentralized company and has a required opportunity cost of capital of 15%. The home computer division, whos
    7·1 answer
  • Look at the sales prices change that is being suggested. In particular, Winetki talks about one of the product's prices as doubl
    6·1 answer
  • You draw and keep a single bill from a hat that contains $1, $10, $20, and $50 bill. what is the expected value of the game?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!