Multiple choice

In case of an agreement to sell, the aggrieved party

  1. can sue for price

  2. can sue for damages

  3. can sue the buyer for injunction

  4. none of the above

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

An agreement to sell is not a completed sale, so ownership hasn't transferred. If the buyer breaches, the seller cannot sue for the price (which is only available in actual sale). The aggrieved party's remedy is damages for breach of contract. This reflects the intermediate nature of the agreement to sell.