A Contractor Cannot Recover the Profits He or She Would

question 69

True/False

A contractor cannot recover the profits he or she would have made on the contract if the owner breaches the construction contract before construction begins.

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Definitions:

Secular trend

A long-term pattern or trend that can be observed over several generations or periods.

Evaluativist theory

A perspective in psychology focusing on how individuals assess, judge, or make decisions based on information and moral principles.

Objective theory

A concept or framework that proposes understanding and interpreting phenomena based on observable and measurable evidence, uninfluenced by emotions or personal prejudices.

Subjective theory

A perspective emphasizing the importance of personal perspectives and feelings in interpreting events, as opposed to objective facts.