Collin contracts Cool Air Inc. to install ceiling fans for each apartment in a building that he owns. Collin requested that the work to be done in five days, but Cool Air Inc. took seven days to complete the work.
Which of the following statements is true in this scenario?
Collin and Cool Air Inc. must take this issue to arbitration.
Cool Air Inc. has completely performed under the contract and is entitled to full recovery.
Collin can refuse full payment to Cool Air Inc.
Cool Air Inc. is in material breach of contract.
Cool Air Inc. will receive a partial recovery under the contract.
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