Vladimir entered into a contract to buy Daniel's collection of rare stamps. Vladimir mailed payment of $10,000 for the stamps to Daniel, but now Daniel tells Vladimir, "I'll never part with these stamps." Are the following remedies available to Vladimir?
A) Restitution: Yes; Specific Performance: Yes
B) Restitution: Yes; Specific Performance: No
C) Restitution: No; Specific Performance: Yes
D) Restitution: No; Specific Performance: No

Question

Quizplus · Accepted Answer

Restitution is available because Vladimir can seek the return of his $10,000 since Daniel refuses to complete the sale. Specific performance is also available because the stamps are unique, and monetary damages may not suffice to put Vladimir in the position he would have been in had the contract been performed.

Vladimir Entered into a Contract to Buy Daniel's Collection of Rare