Author Question: The following parties are involved: Owner - Tanner Development and Construction, Inc Contractor - ... (Read 114 times)

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
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

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

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

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

For a complete list of videos, visit our video library