Shawn and Harry Signed a Contract for Shawn to Build

question 14

Multiple Choice

Shawn and Harry signed a contract for Shawn to build a house for Harry according to the specifications provided by Harry. The contract stated that Shawn would be paid $125,000. Shawn unintentionally deviated from the specifications in several minor respects. The house was soundly constructed, and Shawn completed the work within the promised time. Harry refused to pay Shawn any of the $125,000, arguing that the house did not conform to the specifications. In this case,

• A) Harry will get a decree of specific performance.
• B) Shawn has no right to be paid for any of his work because he breached the contract.
• C) if the court finds that Shawn has substantially performed, he will be able to recover the contract price less any damages caused by his failure to perform as promised.
• D) if the court finds that Shawn has substantially performed, he will be able to recover the contract price less any damages caused to him because of the delay in payment.

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Definitions:

Consumer Surplus

The distinction between the theoretical spending capacity of consumers on a good or service and their actual spending.

Trade

The exchange of goods, services, or both between two or more parties, either domestically or internationally.

Person-job Fit

Refers to the compatibility between an individual's skills, experiences, and attributes with the demands of a job.

Person-organization Fit

The degree to which an individual's values, personality, and work style align with the culture and requirements of an organization.