A company that installs heavy equipment is to be paid upon the completion of each stage in the tooling of a new factory.Yet it is the factory owner's own chief engineer who does the inspection and makes the approval of each stage.Will the courts enforce this arrangement as a condition precedent?
A) Yes,they will,because both parties agreed to this arrangement in the contract.
B) No,they won't,but any dispute can be settled based on fairness and equity.
C) Yes,they will,since this is the way things are done in the trade.
D) No,they won't,since there is an obvious conflict of interest.
E) No,they won't,since quantum merit should apply in this situation.
Correct Answer:
Verified
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