Rob contracts to make a new customized guitar for Carlos in return for Carlos' promise to pay
Question:
Rob contracts to make a new customized guitar for Carlos in return for Carlos' promise to pay Rob $5,000 on completion of the work. After spending $4,000 on the job, Rob fails to complete the guitar because he has accepted an offer to be a roadie for a Jimi Hendrix cover band. Carlos has the work completed by another guitar maker for $2,000, increasing the value of the guitar to him by a total of $4,500, but he loses $250 from a booking for a solo guitar performance because of the delay.
Under the Restatement, Second, Contracts 374, what can Rob recover from Carlos?
Question options:
A) | Rob can recover $1,000 from Carlos in restitution less $250 in damages for the loss to Carlos caused by the breach, $750. |
B) INCORRECT | Rob can recover $4,000 from Carlos in restitution less $250 in damages for the loss to Carlos caused by the breach, or $3,750. |
C) | Rob can recover $2,500 from Rob in restitution less $250 in damages for the loss to Carlos caused by the breach, or $2,250. |
D) | Rob can recover $500 from Carlos in restitution less $250 in damages for the loss to Carlos caused by the breach, or $250. |
Business Law Text and Cases
ISBN: 978-0324655223
11th Edition
Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F