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First Principles of Business Law |
| Remedies for breach of contract |
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2. Orders of specific performance |
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2.4. The availability of alternative relief |
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Read the facts and the question and then choose the best answer. A, a grain merchant, agrees to sell 50 tonnes of Grade 1 wheat at a price of $500 per tonne to B, a miller. Delivery is to be made two weeks after the date of contract. When delivery is due, A tells B that the price of Grade 1 wheat has risen to $600 per tonne because of a world shortage of wheat. A says he is no longer prepared to supply wheat at the contract price. B wants an order of specific performance of his contract with A. Is a court likely to order specific performance of this contract? |
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