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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

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bija089 [108]
The answer is a I believe I'm not really sure
4 0
4 years ago
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Check the correct category for each of the following items. Note: for purposes of this exercise, consider cash in and out for th
liraira [26]

Answer:

1. The correct category for each of the following items:

Cash In/Income:

Personal income

Business Income

Cash Out/Expense:

Cost of business trip = variable

State tax liability = fixed

Clothing purchases = variable

2. For example, your mortgage would be considered a fixed expense, because the total amount does not vary.  Conversely, grocery bills would be considered variable, because the actual amount is not fixed but varies.

Explanation:

Variable cost or expense has a fixed cost per unit, with the total amount varying, depending on the units or quantities consumed.  Fixed cost does have a fixed total amount within the relevant range, but the cost per unit varies.

7 0
3 years ago
The following information is available for the year ended December 31: Beginning raw materials inventory$12,000 Raw materials pu
posledela

Answer:

Direct material used= $88,600

Explanation:

Giving the following information:

Beginning raw materials inventory$12,000

Raw materials purchase 88,000

Ending raw materials inventory 11,400

<u>To calculate the direct material used in production, we need to use the following formula:</u>

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 12,000 + 88,000 - 11,400

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3 0
3 years ago
An increase in the price of poultry would lead to__________
elixir [45]

Answer:

c.a decrease in quantity demanded of poultry and an increase in the demand for fish.

Explanation:

The law of demand states that the higher the price , the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Following from the law of demand, if the price of poultry increases, the quantity of poultry demanded would fall.

Because fish and poultry are subsituites goods, if the price of poultry increases, the demand for fish would increase.

I hope my answer helps you.

6 0
3 years ago
A loss is when:
skad [1K]

Answer:

a if revenue is greater the loss in money will deplinish

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3 years ago
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