Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ANSWER ALL FOUR (4) QUESTIONS Elizabeth has entered into a contract to have an air-condition system installed into her house by Air Cool Lid at

image text in transcribed
ANSWER ALL FOUR (4) QUESTIONS Elizabeth has entered into a contract to have an air-condition system installed into her house by Air Cool Lid at a cost of $20,000.00. She pays $2,000.00 and the work commences. Consider the rights and liabilities of Elizabeth and Air Cool Lid in relation to this contract if the following alternative events occur when the work is two thirds complete. a. Elizabeth's house accidentally catches fire and is totally destroyed; or b. The government announces that, because of the war in Ukraine, all able bodied men must report for service and Air Cool Lid has no workers to complete the task because they have gone off to war, or c. The firm making the parts which are integral to complete the system goes out of business and there is no other source of supply Air Cool Lid uses the few remaining parts which it has to complete a system for another customer (25 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Business Law

Authors: Anthony Liuzzo, Ruth Calhoun Hughes

11th Edition

1260734544, 978-1260734546

More Books

Students also viewed these Law questions

Question

=+3. Explain the interactions in the TV market!

Answered: 1 week ago

Question

=+1. Of what is the value chain in the music industry composed?

Answered: 1 week ago

Question

=+2. Explain the manufacturing model of radio management!

Answered: 1 week ago