David enters into a contract to give Edward the right of first refusal on a tract of land owned by David.David subsequently offers the land to Fred without first offering it to Edward.An appropriate remedy for Edward to seek would be:
A)injunction.
B)liquidated damages.
C)reformation.
D)punitive damages.

Question

Quizplus · Accepted Answer

An injunction is an appropriate remedy for Edward to seek in this situation. The right of first refusal is a contractual right, and if David breached the contract by not offering the land to Edward first, Edward can seek to enjoin the sale to Fred and force David to offer the land to him as per the contract. Liquidated damages, reformation, and punitive damages are not appropriate remedies in this situation.

David Enters into a Contract to Give Edward the Right