Specific performance is a court-ordered remedy that requires precise fulfillment of a legal or contractual obligation when monetary damages are inappropriate or inadequate. Specific performance is an equitable remedy that lies within the court’s discretion to award whenever the common law remedy is insufficient either because the damages could be inadequate or because damages could not be possibly established. In essence, the remedy of specific performance enforces the execution of a contract according to its terms, and it may therefore be contrasted with the common law remedy of damages, which is compensation for non-execution of contracts. (Pp. 40-41, paras. H-B).









