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28 January, 22:49

A builder contracted to build a house for a newly married couple. Terms of the contract provided that the builder would receive the contract price when the building was fully completed. Just when the builder had completed one-half of the structure, a tornado struck the area and demolished the building. What is the builder entitled to recover from the couple under the contract? Nothing. (T/F)

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  1. 29 January, 02:29
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    True

    Explanation:

    As per the contract, the builder is supposed to receive the payment once the entire building is fully completed. When a tornado struck the area and demolished the building, the contractor finds himself at square one with nothing to show for.

    The law is enforced in literal terms and unless a fully constructed building stands there, the contract will not be fulfilled and he will not be paid.

    Therefore the statement above is true in its form.
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