Contract specified the installation of galvanized-lap welded

Assignment Help Operation Management

Reference no: EM131039936

ABC Builders contracted to build a summer home for the Smith's. The contract specified the installation of "galvanized, lap welded, standard grade pipe, manufactured by Oaks Co" for all of the plumbing. ABE substituted another brand of galvanized pipe which was just as strong and durable, and cost the same. When the Smith's found out, they refused to pay the $35,000 balance due on the contract, unless ABC replaced all of the pipe. To replace the pipe would have cost ABC $40,000-$50,000/ When ABC sued Smiths for the $35,000 balance, Smiths argued that ABC breached the contract because they failed to fully perform the exact terms of the contract. How will the court rule? Why? Please discuss and explain what analysis the court will employ to decide if ABC has substantially performed the contract.

Reference no: EM131039936

Questions Cloud

The drug lsd is classified as a psychoactive drug : The substance in tobacco that is most related to the development of cancer cells is tar. True or False

Design features for a participative system : Examine “interventions,” or planned activities for improving organizational effectiveness. Most successful organizational change efforts include steps for increasing opportunities for employee involvement. Review the four key elements that promote in..

Fixed factor of production and firms : The short run, as economists use the phrase, is characterised by:

Cash flows created by a foreign company : Anderson International Limited is evaluating a project in Erewhon. The project will create the following cash flows: Year Cash Flow 0 -$ 1,160,000 1 335,000 2 400,000 3 295,000 4 250,000 All cash flows will occur in Erewhon and are expressed in do..

Contract specified the installation of galvanized-lap welded : ABC Builders contracted to build a summer home for the Smith's. The contract specified the installation of "galvanized, lap welded, standard grade pipe, manufactured by Oaks Co" for all of the plumbing. ABE substituted another brand of galvanized pip..

Staff training on HVAC system maintenance : As the facilities manager of a 600 room resort hotel, explain what items you would include in staff training on HVAC system maintenance. Also discuss which staff you would include in the training and who would serve as the training leader.

Calculating the firm economic profit : A firm in a perfectly competitive industry is producing 50 units, its profit-maximising quantity. Industry price is £2 and total fixed costs and total variable costs are £25 and £40, respectively. The firm's economic profit is:

Take twice as long to double your money : You have $100 to invest. If you can earn 12% interest, about how long does it take for your $100 investment to grow to $200? Suppose the interest rate is just half that, at 6%. At half the interest rate, does it take twice as long to double your m..

Differences between manufacturing and service organizations : What are 4 differences between manufacturing and service organizations? What are the 5 categories to describe a process used in production? What is the difference between order qualifiers and order winners? What are 4 business environment issues that..

User Account

All Pages