Asked by
Shruti Agarwal
on Nov 27, 2024
Verified
Builders Inc. agrees to construct an office building for Commerce Center Corporation. The project proceeds according to plan, but before it is done, the buyer tells Builders to quit. In a suit for breach, Builders may recover
A) nothing.
B) the contract price.
C) the costs needed to complete construction.
D) profits plus the costs incurred up to the time of the breach.
Breach
The violation or non-fulfillment of a legal obligation, contract, duty, or standard.
Recover
Refers to the process of getting back lost or inaccessible data or functions from damaged or failed hardware or software.
Construction
A process of building, engineering, or assembling infrastructure and buildings.
- Identify and analyze various remedies available for breach of contracts, including specific performance and liquidated damages.
Verified Answer
RM
Learning Objectives
- Identify and analyze various remedies available for breach of contracts, including specific performance and liquidated damages.