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      Question

      Specific Performance of a contract does not

      mean_______________
      A Exact fulfillment of the obligations under a contract Correct Answer Incorrect Answer
      B Claim for damages for the non-fulfillment of the terms of the contract Correct Answer Incorrect Answer
      C Equitable remedy where the court issues an order requiring a party to perform a specific act so as to complete performance of the contract Correct Answer Incorrect Answer
      D Actual execution of the contract according to the terms and conditions as agreed by the parties Correct Answer Incorrect Answer

      Solution

      Specific Relief Act: Specific performance is the exact fulfillment of the obligations under a contract or in other words an equitable remedy where the court issues an order requiring a party to perform a specific act so as to complete performance of the contract. Thus, it is the actual execution of the contract according to the terms and conditions as agreed by the parties where monetary compensations does not adequately compensate the other party.

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