Question

faiz enters into a contract to buy 350 acres from grain farm to cultivate hops and open a brewery. faiz fails to make the purchase. grain farm’s remedy is most likely

Answer 1

Based on the fact that Falz failed to make the purchase, Grain Farm most likely has the remedy of C ) Pay the difference between contract price and market price.

What is Grain farm to do?

When a buyer (Falz) gets into an agreement to buy a land or property and fails to do so, this falls under real estate and damage.

Under real estate and damage, the buyer  would then have to pay the seller (Grain Farm) a remedy which would be the difference between the market price of the property and the contract price.

Options for this question include:

• the amount that Faiz expected to invest in the brewery
• a percentage of Faiz's unrealized profit.
• the difference between the contract and market prices of the land.
• nothing-Grain Farm still owns the land.

Find out more on contract remedy at brainly.com/question/28480342

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