GroundCover Pools,Inc

question 38

Multiple Choice

GroundCover Pools,Inc. ,agrees to build a swimming pool for Franci,but fails to complete the job.Franci hires EquiAqua,Inc. ,to finish the project.Candy may recover from GroundCover

• A)the contract price less costs of materials and labor.
• B)the contract price.
• C)the costs needed to complete construction.
• D)profits plus the costs incurred up to the time of the breach.

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Definitions:

Operating Expenditure

The costs associated with the day-to-day operations of a business, including salaries, rent, and utilities.

Financial Position

The snapshot of a company's assets, liabilities, and equity at a specific point in time, providing insight into its economic resources and obligations.

Operating Condition

The current state and functioning status of a company's operational processes and resources.