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Chapter 21- Case Studies --- Yes, Laura can recover the $5000 because it was agreed in the contract that if the contract was not performed, then she would receive the $5000 as liquidated damages. No, Roger was not entitled to rescind the contract because the breach is not considered to be material. 4) I would decide that the contract be void as a penalty because the amount that the contractor is being sued for is unreasonably large compared with the amount of the contract. 5) Yes, Gingerich is entitled to specific performance because although damages in monetary value are not applicable, the value of the stock was unknown at the time and there fore isn't considered monetary.
Approximate Word count = 432
Approximate Pages = 1.7
(250 words per page double spaced)
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