Which of the following led the court to decide upon its judgment in the Wilson Floors Co. v. Scotia Park, Ltd., and Unit, Inc. case?
A) The project Unit fell behind in making payments to Wilson for its completed work in the spring of 1973.
B) The bank had induced Wilson to remain on the job and rely on its credit for future payments.
C) Foreclosing on the mortgage and hiring a new contractor would have resulted in higher costs.
D) The bank had no contractual duty to Wilson despite its oral guarantee according to the Statute of Frauds.
E) The bank representative had merely advised the subcontractors that adequate funds would be available to complete the job.
Correct Answer:
Verified
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