Explain is fulghum liable to brady

Assignment Help Management Theories

Reference no: EM131377844

In February 2007, Brady, a general contractor, signed a written contract with the Fulghums to build for them a house in North Carolina. The contract price of the house was $206,850, and construction was to begin in March of 2007. Neither during the contract negotiations nor during the commencement of construction was Brady licensed as a general contractor as required by North Carolina law.

In fact, Brady did not obtain his license until late October 2007, at which time he had completed more than twothirds of the construction on the Fulghums' house. The Fulghums submitted to Brady total payments of $204,000 on the house.

Brady sues for $2,850 on the original contract and $29,000 for additions and changes requested by the Fulghums during construction. Is Fulghum liable to Brady? Explain.

Reference no: EM131377844

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