Fact Pattern 12-1
Teatro Restoration, Inc., begins renovating an old theater for Urban Edge Productions, but after three months Teatro demands an extra $250,000. Urban Edge agrees to pay.
-Refer to Fact Pattern 12-1. If Teatro says it is asking for the extra $250,000 because ordinary business expenses have increased, the agreement is

Question

​Fact Pattern 12-1
Teatro Restoration, Inc., begins renovating an old theater for Urban Edge Productions, but after three months Teatro demands an extra $250,000. Urban Edge agrees to pay.
-Refer to Fact Pattern 12-1. If Teatro says it is asking for the extra $250,000 because ordinary business expenses have increased, the agreement is

Quizplus · Accepted Answer

The agreement is unenforceable due to the preexisting duty rule, which states that a party cannot demand additional compensation for performing a duty they are already contractually obligated to perform. Increased business expenses do not constitute unforeseen difficulties that would justify a modification of the contract.

​Fact Pattern 12-1 Teatro Restoration, Inc., Begins Renovating an Old Theater for Urban

Fact Pattern 12-1 Teatro Restoration, Inc., Begins Renovating an Old Theater for Urban