Question

"Miller made a contract to sell his condominium to Jefferson for $80,000." Two days later Miller changed his mind after discovering that he could have sold the property to another buyer for an additional $20,000. Jefferson sues and asks the court to have the property conveyed to him at the price of $80,000. Jefferson is seeking:

Answer 1

Answer:

Specific performance

Explanation:

Specific performance is the contract in which the party performs for the specific purpose rather than the general purpose. In this contract, one party is refusing to perform the contract due to some better options or by any other reasons

Examples - in case of real estate properties, antiques, etc.  

In the given case, the contract was made for  $80,000  but after two days the party deny to perform it as the party got an additional $20,000. So, this is the case of the specific performance.