Kent Corp(KC),a General Contractor Building a New Dorm at a University,contracted

question 66

True/False

Kent Corp.(KC),a general contractor building a new dorm at a university,contracted with Fine Rugs Inc.(FRI)to have a certain grade of industrial rugs installed in the dorm.The contract price was $180,000.After the rugs were installed,KC was dissatisfied with the rug quality.FRI insisted that the rugs installed were appropriate to the contract specifications and demanded full payment.KC sends FRI a check for $120,000,which KC believes is the proper value for the rugs installed,and marks the check "Paid in Full." FRI writes "Under Protest" on the check and deposits it.FRI may now,in most states,successfully sue KC for the balance of $60,000.

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