Question 16
2 pts
erma enters into a contract to buy a tract of lakefront property from forest acres to build and sell a
residential development. forest acres fails to close the sale. erma's remedy is most likely
the amount that erma invested in the project to the date of the closing.
o nothing-forest acres still owns the land.
o the difference between the contract and market prices of the land.
specific performance.
question 17
2 pts