Author Question: AB Developers signs a contract with CL Corp, agreeing to build a 20 million office for the ... (Read 32 times)

penza

  • Hero Member
  • *****
  • Posts: 1,022
AB Developers signs a contract with CL Corp, agreeing to build a 20 million office for the corporation. The construction contract was substantially performed. There were, however, a few minor breaches of the contract by AB Developers that made CL Corp incur damages worth 10,000. Which of the following is most likely to be true in this scenario?
 A) Since there was a breach of contract, CL Corp. may not pay any compensation to AB Developers.
 B) CL Corp. needs to pay the full price under the contract since the work was substantially performed.
 C) CL Corp. needs to pay the full price under the contract less the damages suffered by it.
 D) AB Developers needs to pay nominal damages to CL Corp. for breach of contract.

Question 2

Payment by check is a conditional payment.
  Indicate whether the statement is true or false



momtoalll

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

C

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

For a complete list of videos, visit our video library