Wayne Busby Contracts to Build a House for Mary Ann

question 10

Multiple Choice

Wayne Busby contracts to build a house for Mary Ann Connell.Busby finishes approximately half of the house and quits.Connell files suit against Busby.Which remedy is not available to her?

• A)Compensatory damages.
• B)Specific performance.
• C)Special damages.
• D)Nominal damages.

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Definitions:

Input Standards

Pre-defined criteria or benchmarks used to measure the quality, quantity, or timeliness of inputs in a production or manufacturing process.

Output Standards

Benchmarks set to measure the quantity, quality, or performance of a product or service produced.

Inferior Good

A type of good for which demand decreases as the income of consumers increases, opposite to a normal good.

Demand

The quantity of a product or service that consumers are willing and able to purchase at various prices over a given period of time.