Mountain City Construction Company (MCCC) contractually agreed to build a recreational complex for Valley City. The City agreed to pay $2 000 000 upon completion of the project. Shortly after starting the project, MCCC realized that it had entered into a very bad bargain. It would have to provide $4 000 000 in services and materials in order to build the recreational complex. It decided to nevertheless fulfill its obligations. After MCCC had finished 75 per cent of the project, at a total cost of $3 000 000, a new mayor was elected. True to the new mayor's campaign promise, the City immediately locked MCCC out of the work site. The City then hired Valley City Construction Incorporated (VCCI) to complete the recreational complex at a cost of $1 000 000. The City refuses to pay anything to MCCC. MCCC therefore has discharged the contract and taken its case to court. A judge most likely would award

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The Answer of Mountain City Construction Company (MCCC) contractually agreed to build a recreational complex for Valley City. The City agreed to pay $2 000 000 upon completion of the project. Shortly after starting the project, MCCC realized that it had entered into a very bad bargain. It would have to provide $4 000 000 in services and materials in order to build the recreational complex. It decided to nevertheless fulfill its obligations. After MCCC had finished 75 per cent of the project, at a total cost of $3 000 000, a new mayor was elected. True to the new mayor's campaign promise, the City immediately locked MCCC out of the work site. The City then hired Valley City Construction Incorporated (VCCI) to complete the recreational complex at a cost of $1 000 000. The City refuses to pay anything to MCCC. MCCC therefore has discharged the contract and taken its case to court. A judge most likely would award

Mountain City Construction Company (MCCC) Contractually Agreed to Build a Recreational