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21 October, 03:56

Linnea contracts to buy Harriette's farm for $300,000 and puts $20,000 down. Then Linnea learns she is allergic to hay and repudiates the contract. If Harriette can sell the farm one month later for $290,000, she may:

(A) keep Linnea's $20,000.

(B) keep $10,000 of Linnea's down payment.

(C) not keep any of the down payment money.

(D) sue for specific performance.

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Answers (1)
  1. 21 October, 04:17
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    The correct answer is (B) keep $10,000 of Linnea's down payment
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