When a Client Breaches a Contract with a Construction Contractor

question 57

Multiple Choice

When a client breaches a contract with a construction contractor in the early phase of construction,what is the contractor generally able to recover?

• A) the amount of the contract price
• B) only the out-of-pocket costs incurred by the contractor up to the time of the breach
• C) the amount necessary to provide the same profit to the contractor that the contractor would have earned if the contract were fully performed
• D) three times the contract price as punitive damages
• E) the amount determined by the court to have been a fair profit on the contract

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Definitions:

Psychodynamic Theory

A theory positing that psychological forces, such as unconscious desires and conflicts, shape an individual's personality and behavioral outcomes.

Sociocultural Theory

A theory in psychology that examines how social interactions and cultural norms influence cognitive development and behaviors.

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A worldwide fellowship of men and women who share their experience, strength, and hope with each other to solve their common problem and help others to recover from alcoholism.

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Emotional and practical support between individuals who share a common experience, condition, or situation, contributing to mutual enhancement of psychological well-being.