Exam 16: Remedies for Breach of Traditional and E-Contracts

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Rosco enters into a contract to sell his beachfront home to Rhonda. On the scheduled date of closing, Rhonda shows up with funds to purchase the home. Rosco does not show up for the real estate closing and subsequently refuses to sell his beachfront home to Rhonda. What equitable remedy is available to Rhonda? Explain the reasons why this equitable remedy would be available for breach of a real estate contract.

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An employee who has been dismissed improperly accepts a job that is not comparable. Which of the following can be a subsequent course of action?

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Nominal damages may be awarded when no financial loss resulted from the breach.

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Which of the following statements is true of discharge of contracts?

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