Author Question: The following parties are involved: Owner - Tanner Development and Construction, Inc Contractor - ... (Read 71 times)

oliviahorn72

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The following parties are involved: Owner - Tanner Development and Construction, Inc Contractor - Tanner Development and Construction, Inc Subcontractor - Plumbing, Inc Supplier - Arizona Pipes, Inc Construction began in October, 2007. In January, 2008, Plumbing, Inc declared bankruptcy. Arizona Pipes had filed its preliminary notice in December (it was filed properly and timely) and after the bankruptcy declaration recorded a lien on Tanner's property. Arizona Pipes wants to be paid and so does the bankruptcy trustee. Who should Tanner pay?

Question 2

When a provision of an endorsement conflicts with a provision of a policy, the policy controls.
  Indicate whether the statement is true or false



okolip

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Answer to Question 1

Tanner should pay Plumbing, but only in exchange for payment and waiver from Arizona Pipes.

Answer to Question 2

FALSE



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