In Naples v. Keystone Building and Development Corp in which the Naples sued Keystone for the cost of repairing major problems in the house Keystone built for the Naples, the state supreme court held that:
a. the Naples should be awarded the full amount necessary to restore them to the position they would have been in had the contract been properly performed
b. the Naples need not be awarded the full amount necessary to restore them to the position they would have been in had the contract been properly performed
c. the Naples should be awarded the half the amount necessary to restore them to the position they would have been in had the contract been properly performed
d. the Naples should be awarded 20% of the full amount necessary to restore them to the position they would have been in had the contract been properly performed
e. none of the other choices are correct
a
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A percentage lease would most commonly be used on
A. an industrial property B. single family rental C. a retail store D. an office building
Which of the following statements is true regarding a credit memorandum?
a. A credit memorandum is subtracted from the balance per the company's books. b. A credit memorandum could be issued for bank service charges. c. A credit memorandum is issued when a customer gives the company an NSF check. d. A credit memorandum is added to the balance per the company's books.