Dennis won a scratch off lottery ticket awarding him a prize of $250,000 and a new Corvette of his choosing worth up to $100,000. The lottery commission paid the prize money but refused to deliver or procure a Corvette for Dennis, What can Dennis recover if he files suit? O Dennis has the option for either $100.000 or specific performance of a Corvette of his choosing O $350,000 O $250,000 cash, and he has the option for either $100,000 or specińc performance of a Corvette of his choosing O $100,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Dennis won a scratch off lottery ticket awarding him a prize of $250,000 and a new Corvette of his choosing worth up to $100,000. The lottery
commission paid the prize money but refused to deliver or procure a Corvette for Dennis. What can Dennis recover if he files suit?
O Dennis has the option for either $100.000 or specific performance of a Corvette of his choosing
$350.000
O $250,000 cash, and he has the option for either S$100,000 or specific performance of a Corvette of his choosing.
O s100,000
Transcribed Image Text:Dennis won a scratch off lottery ticket awarding him a prize of $250,000 and a new Corvette of his choosing worth up to $100,000. The lottery commission paid the prize money but refused to deliver or procure a Corvette for Dennis. What can Dennis recover if he files suit? O Dennis has the option for either $100.000 or specific performance of a Corvette of his choosing $350.000 O $250,000 cash, and he has the option for either S$100,000 or specific performance of a Corvette of his choosing. O s100,000
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