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23.Which of the following is classified as an equitable remedy?<br />

• Consequential damages<br />

• Liquidated damages<br />

• Reformation<br />

• Restitution<br />

24.Harry sees a semi-automatic rifle that he likes in a gun shop’s window. The<br />

price asked for it is $2,500. Harry signs a written contract promising to pay the<br />

$2,500 on Friday, taking possession of the rifle when payment is made. On<br />

Thursday, a law becomes effective making the ownership, sale, or possession of<br />

such a semi-automatic rifle illegal. The contract between Harry and the shop<br />

• automatically terminates due to impracticability.<br />

• is enforceable and not affected by the new law because it was entered into<br />

before the law took effect.<br />

• automatically terminates due to impossibility.<br />

• automatically terminates due to frustration of purpose.

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