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Leonard purchased a condominium to be constructed in a large development in the B.C. interior. The contract stated that delivery of the completed condo was

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Leonard purchased a condominium to be constructed in a large development in the B.C. interior. The contract stated that delivery of the completed condo was to take place on a date set by the developer prior to September 1, 2020. Construction proceeded on schedule except on August 10, 2019 the whole development burned to the ground in an out of control forest fire. Once the developer's insurance company paid out his claim, the rebuilding process began. The condo should be ready for occupancy by September, 2021. a. Is Leonard bound by the contract? Explain. (2 points) b. Does it matter that the development was insured? Why or why not?(2 points)

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