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Question 18 ( 1.5Points ) A developer agrees to build a shopping mall for $750,000,000The developer completes all of the work except for cleaning up

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Question 18 ( 1.5Points ) A developer agrees to build a shopping mall for $750,000,000The developer completes all of the work except for cleaning up debris. The developerfinds that he has no time to do this, because he has started anotherjob. Theowner of the shopping mall has to hire a cleaner to remove the debris, at a cost of $1,000,000. Which one of the following statements is true? The developer will not be entitled to any payment as he did not perform his contract The developer will be entitled to the full contract price. The owner, by employing cleaner to remove the debris, impliedly accepted the work the developer had done. The developer substantially performed and therefore will be entitled to $749,000,000. The contract was frustrated and the builder will receive an amount calculated by reference to the Law Reform Frustrated Contracts Act 1943

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