Builders, inc., agrees to construct an office building for champ fitness clubs, inc. the project proceeds according to plan, but before it is done, champ tells builders to quit. builders may recover

a. the contract price less costs of materials and labor.

b. the costs needed to complete construction.

c. the contract price.

d. profits plus the costs incurred up to the time of the breach.

Question

Business

Giada Stewart

5 July, 03:41

Builders, inc., agrees to construct an office building for champ fitness clubs, inc. the project proceeds according to plan, but before it is done, champ tells builders to quit. builders may recover

a. the contract price less costs of materials and labor.

b. the costs needed to complete construction.

c. the contract price.

d. profits plus the costs incurred up to the time of the breach.

+2

Answers (1)

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Phillip Suarez · Answer 1

Answer: option D is correct

Explanation:

Since the quit notice is not the builders fault, the termination of contract can filed on the bases of determination where the client client has to pay profit and losses incurred until the moment of termination.