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Question 4 2.5 pts Kevin decides to hire Horatio to build an extension onto his house. They enter into a contract on March 1st, and

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Question 4 2.5 pts Kevin decides to hire Horatio to build an extension onto his house. They enter into a contract on March 1st, and the deadline for completing the extension is May 1st. Given the nature and size of the project, the extension will take at least one week to complete once the work on it has started. The Kevin-Horatio contract states that "time is of the essence" because Kevin is having family over from May 2nd to May 12th, and Kevin needs the extra space for them to stay. Even though the deadline gets closer and closer, Horatio never starts construction. Finally, on April 27th, Kevin declares Horatio to have breached the contract. Horatio argues that Kevin cannot declare a breach yet. Who is correct? Kevin is correct only if Horatio has made no effort to contact him and notify him that he will be unable to complete the construction. O Horatio is correct because he could not be reasonably expected to complete the construction in the time frame required by the contract - or, alternatively, at this point in time Horatio is entitled to a Nachfrist notice. O Kevin is correct because he can declare an anticipatory breach if it is clear that Horatio will not meet the deadline. Horatio is correct because Kevin cannot declare a breach of contract until the actual deadline has passed. O Kevin is correct because Horatio automatically breached the contract by failing to complete the work by April 15

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