Why Land Contracts Get Specific Performance
For almost every other contract, breaching and paying damages is a legitimate option. For land, courts will make you close.
Law-and-Economics
The Statute of Frauds: Why Some Contracts Must Be Written
The Statute of Frauds requires certain high-stakes contracts to be in writing—understanding which ones and why is essential for landowners and agricultural operators.
Efficient Breach: When Breaking a Contract Is the Right Move
Sometimes the economically correct thing to do is break your contract—and contract law is designed to let you.