Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Breach of Contracts and Remedies. include the Issue, Rule of Law, Analysis, and Conclusion. Arbeau Hotels hired PMMP Electricians at a cost of $110,000 to
Breach of Contractsand Remedies.include theIssue, Rule of Law, Analysis, and Conclusion.
- Arbeau Hotels hired PMMP Electricians at a cost of $110,000 to rewire their four-story hotel in Hampton Beach, New Hampshire by May 27, 2021. The hotel was fully booked with guests beginning May 28 for the Memorial Day Weekend. PMMP inserted a liquidated damages clause that limited their liability to $5,000 if they did not complete the job in time. At the end of the day on May 27, the work was not completed and Arbeau was forced to cancel all of their bookings for the additional week it took PMMP to finish at a loss of $140,000. Arbeau filed a lawsuit against PMMP in the amount of their damages claiming a breach of contract due to problems with PMMP's design. PMMP claimed that they were not responsible for the $5,000 damages. What is the outcome?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started