Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In Texas, which contingent payment clause shifts the risk of payment to the subcontractor? Group of answer choices Payment by Otis Owner to Billy Builder

In Texas, which contingent payment clause shifts the risk of payment to the subcontractor? Group of answer choices Payment by Otis Owner to Billy Builder is a condition precedent to Billy Builder's payment to Karl Contractor for Karl Contractor's due invoice(s). Billy Builder will pay Karl Contractor's due invoice(s) if Billy Builder is paid by Otis Owner. Billy Builder will pay Karl Contractor's due invoice(s) within 7 days from when Billy Builder is paid by Otis Owner. None of the above

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

Business Law Text and Cases

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F

11th Edition

324655223, 978-0324655223

More Books

Students also viewed these Law questions