Examlex

Solved

Nina, an Experienced Pool Contractor, and Charlie Agree on a Price

question 84

Multiple Choice

Nina, an experienced pool contractor, and Charlie agree on a price for Nina to build a pool in Charlie's backyard. Nina discovers that she did not initially include a sufficient charge for labor in her original price. She informs Charlie that unless she receives an extra $5,000 with which to hire workers, she cannot complete the job. Charlie agrees, thinking to himself that he has a way out. When Nina finishes the pool, Charlie refuses to pay the additional $5,000. Which of the following is the most likely result of their dispute?


Definitions:

Holdup

A situation in business where one party opportunistically takes advantage of another party because of preexisting commitments.

Pentagon

The headquarters of the United States Department of Defense, located in Arlington, Virginia, known for its distinctive five-sided shape.

Democratizer Offensive Weapon

A tool or strategy used by businesses to make products, services, or technologies more accessible to a broader audience, challenging existing market norms.

Defibrillator Product

A medical device used to deliver a dose of electric current (shock) to the heart to treat life-threatening cardiac dysrhythmias.

Related Questions