The remedy for parties in default that is available to both the buyer and the seller in a purchase contract is

A) specific performance
B) liquidated damges
C) actual damges
D) lis pendens

Answer: A) specific performance

Business

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Conversion of an apartment building into 35 residential time-shares is a subdivision that must be registered with the Real Estate Commission.

a. true b. false

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A firm's suppliers are not part of its value chain

Indicate whether the statement is true or false.

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