Solved

Houser Inc

Question 16

Multiple Choice

Houser Inc. (steel fabricators) agreed under contract to supply the steel for a new apartment complex for $47,000. However, when it came time to deliver, Houser insisted on an additional $4000, claiming the suppliers of steel had unexpectedly raised their prices. Disgusted with the turn of events, the contractor of the apartment complex purchased what he needed from another steel fabricator for $53,000 and commenced with a suit for damages against Houser Inc. What are the expectation damages the court will award?


A) $53,000
B) $51,000
C) $6000
D) $4000
E) $2000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents