Remington Construction Enters into a Contract with Royal Condominiums to Build

question 16

Multiple Choice

Remington Construction enters into a contract with Royal Condominiums to build a new apartment building.Before receiving payment,Remington puts $100 000 into pouring the foundation.Royal breaches the contract by missing a payment.Which of the following is true?

• A)Remington will be able to receive reliance damages.
• B)Remington will be able to receive an account for profits.
• C)Remington can only receive nominal damages.
• D)Remington's expectation damages will be limited to $100 000.
• E)Remington will not be able to recover the $100 000 because it is too remote.

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Definitions:

Radiocarbon Dating

A method of measuring the decay rate of carbon isotopes in organic matter to determine the age of organic materials such as wood and fiber.

Earliest-Known Sculptures

The oldest discovered artworks in the medium of sculpture, dating back to prehistoric times and serving various cultural and religious purposes.

BCE

Before Common Era, a non-religious alternative to BC (Before Christ), used in the Gregorian calendar to denote years before the birth of Jesus.

Neolithic Construction

Refers to structures built during the Neolithic era, around 12,000 years ago, including monumental stone buildings and megalithic sites.