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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,
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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.

User Randy Stauner
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4.2k points

1 Answer

1 vote

Answer:

The correct answer is (B) keep $10,000 of Linnea's down payment

Step-by-step explanation:

User Aristeidis Karavas
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4.0k points
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