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.
<h3>What is Grain farm to do?</h3>
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.
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