Fred's Flooring (FF)contracts with Harry homeowner to install wood flooring throughout Harry's home.Harry was to purchase the flooring and the contract was solely for installation.Payment was to be 20% at the time that the work commenced and 80% once the flooring was installed.Harry purchased the flooring materials and paid the 20%,so FF began work.When FF was half way completed,Harry realized that he didn't have the money to pay FF upon completion so he bolted the doors and refused access.If FF wants to rescind the contract and be paid for work completed,FF would sue for:

Question

Quizplus · Accepted Answer

Restitution refers to the return or payment of the value of the benefit received by one party from another in a contract. In this case, FF has completed half of the installation work, and Harry has received a benefit from FF's work. However, since Harry breached the contract by refusing to pay the remaining 80%,FF can sue for restitution and be paid for the value of the work completed. Compensatory and consequential damages are not applicable in this scenario, as FF has not suffered any direct losses or damages beyond the value of the work completed. Liquidated damages are also not applicable, as there was no pre-agreed amount specified in the contract for damages in such a situation.

Fred's Flooring (FF)contracts with Harry Homeowner to Install Wood Flooring