Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

By May 30, 2021, the contractor fixes all of the problems above. Upon inspection, the only problem left is the basement is not painted. To

By May 30, 2021, the contractor "fixes" all of the problems above. Upon inspection, the only problem left is the basement is not painted. To paint the basement would cost approximately $500.00. The contractor is demanding payment of $625,000.00.

Is the contractor in breach of contract? Answer yes or no.

__________________

Is this a substantial breach? Answer yes or no.

____________________

Are the parties discharged from the contract? Answer yes or no.

_____________________

The non-breaching party would deduct their payment, known as

_____________________

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

Exploring Strategic Change

Authors: Julia Balogun, Veronica Hope Hailey, Stafanie Gustafsson

4th Edition

0273778919, 9780273778912

More Books

Students also viewed these Accounting questions

Question

What are the four temperament types included in Pavlovs system?

Answered: 1 week ago