1.99 See Answer

Question: Chiu agreed to sell his custom-built


Chiu agreed to sell his custom-built sailboat to Graham for $60,000. Before delivery, Chiu received another offer for $68,000 and wrote to Graham that he had decided not to sell his boat after all.
a. Can Graham obtain a decree of specific performance?
b. Would a suit for money damages completely satisfy Graham?
c. Can Chiu avoid Graham’s suit by claiming that he was merely selling to the highest bidder?

1.99

See Answer