Answer :
False, when monetary damages are insufficient to fully compensate a victim of a breach, specific performance is an appropriate equitable remedy.
A contractual remedy in which the court requires a party to as nearly as possible carry out its promise because monetary damages are in some way insufficient to make up for the injury. ordered most frequently in situations involving rare chattels and real estate. A particular remedy called specific performance is utilized by courts when no other option, such monetary compensation, will fully satisfy the other party. The court will choose that option instead if it will put the injured party in the same situation as if the contract had been fully completed. The offended party may seek particular performance as a remedy for the breach if the breaching party is proven responsible for a material violation. Other remedies include reaching a settlement or recovering damages in an amount of money specified by the court.
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