Question

marty and cornelius have a construction contract for marty to build a stone house. marty begins...

marty and cornelius have a construction contract for marty to build a stone house. marty begins construction and frames out the structure. he then orders the stone. the stone is delivered and marty makes preparations to lay it. cornelius then shows up and tells marty that the deal is off. marty would like to return the stone but the company says its non refundable. if marty sues cornelius what may he recover from cornelius?

Homework Answers

Answer #1

For a project to take up , the service provider must cover the basic cost for the completion of project. The raw material , which is stone, is added to the fixed cost for the project which must be extracted by the individual asking for the dealer or service provider.

It must be noted that the above fixed cost recovery to be 100 percent is only necessary if Marty is in a small business where his demand is limited due to limited client. Hence in order to recover his cost , the least he needs to do is recover the cost of stones , leaving the cost of frames aside for a while. The frames , which were prepared , must be compensated for , alleast the labour used for construction of the frame . These are some of the limits to which Marty must Sue Cornelius.

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