A situation where one party can compel the performance of a contract is known as what?

The correct choice is specific performance, which refers to a legal remedy in contract law that compels a party to execute their contractual obligations as agreed. This is typically applicable in situations where the subject matter of the contract is unique or where monetary damages would not adequately compensate the non-breaching party. For example, if a seller agrees to sell a rare piece of art and then refuses to do so, the buyer can seek a court order for specific performance to compel the seller to complete the sale, rather than simply seeking a financial remedy.

Contractual obligation relates to the duties that each party is bound to in a contract but does not inherently involve the legal compulsion to perform those duties. Enforcement is a more general term and could refer to any number of actions taken to ensure compliance with a contract or legal obligation, but it does not specifically connote the legal remedy of compelling performance. The force of law implies the power of legislation or legal authority to enforce laws and regulations but lacks the direct connection to the enforcement of a specific contractual duty. Thus, specific performance is the most precise term for the situation where one party can compel the performance of a contract.