When a client breaches a contract with a construction contractor in the early phase of construction,what is the contractor generally able to recover?
A) The amount of the contract price.
B) Only the out-of-pocket costs incurred by the contractor up to the time of the breach.
C) The amount necessary to provide the same profit to the contractor that the contractor would have earned if the contract were fully performed.
D) Three times the contract price as punitive damages.
E) The amount determined by the court to have been a fair profit on the contract.
Correct Answer:
Verified
Q44: Under which kind(s)of performance by the other
Q45: Which of the following types of damages
Q46: What does the term "mitigation" refer to
Q47: Damages that are fixed in the contract
Q48: Another term for consequential damages is:
A)Special.
B)Remedial.
C)Liquidated.
D)Nominal.
E)Distinguishable.
Q50: When the other party commits an anticipatory
Q51: What are liquidated damages in connection with
Q52: A minor breach is most directly associated
Q53: Which is the most basic or common
Q54: "Benefit of the bargain" is descriptive of
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