Painter contracts to paint the interior of Owner's home for $2,000.In each of the following unrelated examples,indicate what amount of damages Owner is entitled to recover from Painter.
a.Painter stops work when halfway finished.Owner pays someone else $1,700,a reasonable amount,to finish the work.Owner has paid Painter $700.
b.Painter stops work when 75% finished with the job.Owner pays someone else $1,500,a reasonable amount,to finish the work.Owner has paid Painter $700.
c.Painter stops work when 50% finished with the job.Owner pays someone else $1,800 to finish the job,but could have paid yet another person who would have done an acceptable job $1,500 to finish it.Owner has paid Painter $700.
d.Painter stops work when 50% finished with the job.Painter finds someone who will finish the work for $1,100.However,the delay caused $200 in water damage and Owner missed an opportunity to rent an upstairs apartment in the home for $400 per month.The painter knew that Owner rented the upstairs apartment and that the delay would affect Owner's ability to rent.Owner has paid the original painter $1,200 and the new painter $1,100.Owner ended up losing two months' rent before he could find another renter at $400 per month.
Correct Answer:
Verified
b.$200
c.$200...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q116: To be liable for consequential damages,the breaching
Q117: When an employer breaches an employment contract,what
Q118: What are liquidated damages in connection with
Q119: Consequential damages are _ damages that arise
Q120: A court will not enforce a liquidated
Q122: Which of the following is false about
Q123: Paul is an organic biologist who teaches
Q124: Billy Bob had a great job handling
Q125: What is required in order for a
Q126: Liquidated damages clauses will generally not be
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents