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book Business Law 13th Edition by Frank Cross, Kenneth Clarkson, Roger LeRoy Miller cover

Business Law 13th Edition by Frank Cross, Kenneth Clarkson, Roger LeRoy Miller

النسخة 13الرقم المعياري الدولي: 978-1133046783
book Business Law 13th Edition by Frank Cross, Kenneth Clarkson, Roger LeRoy Miller cover

Business Law 13th Edition by Frank Cross, Kenneth Clarkson, Roger LeRoy Miller

النسخة 13الرقم المعياري الدولي: 978-1133046783
تمرين 8
Preexisting Duty. Melissa Faraj owns a lot and wants to build a house according to a particular set of plans and specifications. She solicits bids from building contractors and receives three bids: one from Carlton for $160,000, one from Feldberg for $158,000, and one from Siegel for $153,000. She accepts Siegel's bid. One month after beginning construction of the house, Siegel contacts Faraj and tells her that because of inflation and a recent price hike for materials, he will not finish the house unless Faraj agrees to pay an extra $13,000. Faraj reluctantly agrees to pay the additional sum. (See page 262.)
(a) One group will discuss whether a contractor can ever raise the price of completing construction based on inflation and the rising cost of materials.
(b) A second group will assume that after the house is finished, Faraj refuses to pay the extra $13,000. The group will decide whether Faraj is legally required to pay this additional amount.
(c) A third group will discuss the types of extraordinary difficulties that could arise during construction that would justify a contractor charging more than the original bid.
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Business Law 13th Edition by Frank Cross, Kenneth Clarkson, Roger LeRoy Miller
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