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if there is a breach of a contract for the sale of real property, an option available to the non-defaulting party is: select one: a. liquidation. b. reversion. c. suit for specific performance or actual damages. d. suit for punitive damages.

Sagot :

If there is a breach of a contract for the sale of real property, an option available to the non-defaulting party is option c. suit for specific performance or actual damages.

A legal claim and category of civil wrong known as "breach of contract".

It refers to when one or more parties to a contract fail to uphold their obligations by failing to perform or interfering with the other party's performance.

Breach of contract for sale of real  property means a buyer who violates a sales agreement may be held financially accountable to the seller.

According to the specific performance, each party to a contract is required to carry out all of the obligations they agreed to when the agreement was signed.

The loss experienced by the non-breaching party as a result of the breach of the contract is covered by compensatory damages, often known as "actual damages." The amount granted is meant to compensate for or replace the harm the breach caused.

Learn more about breach of contract here:

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