General renotfuses to transfer the building to ideal. in, Ask an Expert

Management Studies

Q. General Equity Corporation enters into a contract with Honi, who agrees to create artwork for General's main office building. Honi delays and eventually refuses to perform. Meanwhile, General contracts to sell the building to Ideal Investments, Inc. but before the transaction is complete, Jewel Funds Industry offers to pay a higher price. General re¬fuses to transfer the building to Ideal. In separate suits by General against Honi and by Ideal against General, each plaintiff seeks specific performance. Explain how might the court rule in each case and explain why?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9369044

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