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Mkey [24]
3 years ago
5

Shawn and Harry signed a contract for Shawn to build a house for Harry according to the specifications provided by Harry. The co

ntract stated that Shawn would be paid $125,000. Shawn unintentionally deviated from the specifications in several minor respects. The house was soundly constructed, and Shawn completed the work within the promised time. Harry refused to pay Shawn any of the $125,000, arguing that the house did not conform to the specifications. In this case:
a. Harry will get a decree of specific performance.
b. Shawn has no right to be paid for any of his work because he breached the contract.
c. if the court finds that Shawn has substantially performed, he will be able to recover the contract price less any damages caused by his failure to perform as promised.
d. if the court finds that Shawn has substantially performed, he will be able to recover the contract price less any damages caused to him because of the delay in payment.
Business
1 answer:
Evgesh-ka [11]3 years ago
3 0

In this case: <u>c. if the court finds that Shawn has substantially performed, he will be able to recover the contract price less any damages caused by his failure to perform as promised.</u>

<u>Explanation</u>:

Harry signed a contract with Shawn to build a house. Harry made some specification to build the house. Shawn did not complete the house according to the specification of the Harry. So Harry refused to pay the contract amount.

<u>Under doctrine of specific performance</u>, the defendant, who has performed substantially, saving some part of contract which is not central to the contract unintentionally, he /she is entitled to receive the contract price as agreed less the money needed to correct the mistakes made by him.

So in this case, Harry can pay less money than the contract price.

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tangibles

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3 years ago
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Ivory is listening to a manager present statistics that they believe supports a new initiative. Which type of critical thinking
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The type of Critical Thinking Questions that Ivory should ask at this point are:

  • What are the assumptions?
  • what are the issues and the conclusions?
  • Are there fallacies in the reasoning?
  • How authentic is the data presented?

<h3>What are Critical Thinking Questions?</h3>

Critical  Thinking Questions are questions that make inquiries into the veracity of a claim.

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Learn more about Critical Thinking Questions at:
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3 0
2 years ago
Route Canal Shipping Company has the following schedule for aging of accounts receivable:Age of Receivables April 30, 20X1 (1) (
m_a_m_a [10]

Answer:

Explanation:

The formula to compute the percentage of amount due for each month is shown below:

= (Month wise amount due) ÷ (Total receivables) × 100

For April:

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= 40%

For March:

= ($78,120) ÷ ($390,600) × 100

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Therefore, given a decrease in Accounts Receivable $17,000 ($131000 - $114000) . Then the cash flows from operating activities to be reported on the statement of cash flows is $481,000 ($498000 - $17,000) .

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Since the beginning of the twentieth century, the United States has experienced _________ recessions. Of those, ______ have occu
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A Recession refers to the economy of a country contracting for at least 2 quarters.

Since the the beginning of the twentieth century, the United States has experienced<u> 22 recessions </u>with the worst being the Great Depression of 1929 and the Great Recession of 2008.

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