Briefly discuss the enforceability of contracts by third parties
Contracts can be enforced by third parties when they were intended beneficiaries of the contracting parties. Intended beneficiaries would include creditor and donee beneficiaries. Others who might benefit from a contract but the parties did not intend to benefit are called incidental beneficiaries. They have no right to enforce the contract.
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When a client breaches a contract with a construction contractor before construction begins,
what is the contractor generally able to recover? A) The amount necessary to provide the same profit to the contractor that the contractor would have earned if the contract were fully performed B) Only the out-of-pocket costs incurred by the contractor up to the time of the breach C) The amount determined by the court to have been a fair profit on the contract D) The amount of the contract price E) Three times the contract price as punitive damages
Briefly discuss the three primary project identification and selection phase activities
What will be an ideal response?