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 remedies of restitution and specific performance 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 paid $10,000, and he can recover this amount if the contract is breached. Specific performance is also available because the stamps are unique items, and monetary damages may not adequately compensate Vladimir.

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