Fandom

The IT Law Wiki

Specific performance

32,181pages on
this wiki
Add New Page
Talk0 Share

Ad blocker interference detected!


Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers

Wikia is not accessible if you’ve made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected.

General Edit

Specific performance is an alternative remedy to the award of money damages for a breach of contract. It is designed to produce the same effect that performance of the contract would have produced. It consists of a court ordering the breaching party to perform as promised. Specific performance will be ordered only if there is no adequate monetary remedy.

Uniform Commercial Code Edit

Under Sections 2-716(1) & (2) of the Uniform Commercial Code (U.C.C.):

(1) Specific performance may be decreed where the goods are unique or in other proper circumstances.

(2) The decree for specific performance may include such terms and conditions as to payment of the price, damages, or other relief as the court may deem just.

Also on Fandom

Random Wiki