Danny agreed to sell a large painting to Mary for $5000.It has a sentimental value to Mary-being a painting of her house in 1938.Before delivery,Danny discovered the sentimental interest of Mary and refused to sell it at the agreed-upon price.Which of the following statements is correct?
A)Mary is entitled to damages of $5000.
B)Mary could claim the remedy of specific performance because the painting is so special to her.
C)Danny can demand compensation for the painting's full esthetic value.
D)Mary is not entitled to an equitable remedy because the subject of the contract is not real property.
E)Danny does not have to deliver the painting at the original price because of the doctrine of mistaken value.

Question

Quizplus · Accepted Answer

Mary can claim the remedy of specific performance because the painting is so special to her. This would require Danny to sell the painting at the agreed-upon price. Damages or compensation for the painting's esthetic value are not relevant, as the painting already has a set price agreed upon by both parties. The doctrine of mistaken value also does not apply, as there is no indication that Danny made a mistake about the value of the painting.

Danny Agreed to Sell a Large Painting to Mary for $5000.It