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10 Pages • Topic Notes • Year Uploaded: 2021
Specific Performance in Equity When a court directs a party to contract to perform the obligation imposed on it by the contract, it is called specific performance. Thus, it is a remedy which compels the execution of a contract which requires some definite thing to be done before the transaction is completed and the parties’ rights are settled and defined in the manner intended. The decree of specific performance may settle the rights of the parties to a contract and also enforce the rights so settled.
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