The case of Romfo v. 1216393 involved an order of specific performance and liquidated damages. What did the Court of Appeal hold?
A) The breach was considered inconsequential at law.
B) The contract had been substantially performed and the damages were limited to the liquidated damages.
C) The deposit clauses were upheld. The vendors were required to transfer the lots to the initial purchasers at the new, higher price.
D) The contract had not been perfectly performed, so the contract was void.
E) The deposit clauses were severed and the contracts enforced. The vendors were required to transfer the lots to the initial purchasers at the original price.
TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false.

Question

Quizplus · Accepted Answer

The Court of Appeal held that the deposit clauses were severed and the contracts were enforced, requiring the vendors to transfer the lots to the initial purchasers at the original price.

The Case of Romfo V