Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. novel swings inc. has a contract to begin construc

Novel Swings Inc. has a contract to begin construction of a school's swing set on...

80.2K

Verified Solution

Question

Accounting

image
Novel Swings Inc. has a contract to begin construction of a school's swing set on June 15th, and work is to be completed by August 1st. After weeks of wet weather, the ground was unsuitable for work to begin in June and Novel will not meet the completion deadline. Which of the following best describes the legal statutes of the contractual relationship between Novel Swings and the school? The contract is void due to wet weather, The contract requires renegotiation, The contract is in good standing. The contract has been breached

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

when we breathe there is an exchange of oxygen for carbon dioxide . Please explain how...

Medical Sciences
Q

45 4 0 m s 3 0 m s 2 0 m s 20 g...

Physics
Q

1 a A fair die is flipped 18 000 times Use the Central Limit Theorem...

Basic Math
Q

Select the three prepositional phrases.Spanning 17,098,242 square kilometers of land and water, Russia is the...

Basic Math
Q

12 0 52 Points DETAILS 8 LARCALC12 2 3 073 Find an equation of the...

Calculus
Q

Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles....

Accounting
Q

calculate the normal taxable payable by Blue Cross(pty)ltd for year of assessment ended 28 February...

Accounting
Q

Logan Company produces two products, Standard and Premier. Logan can sell all of the Standard...

Accounting
Q

On January 1, 2013, Nichols Corporation granted 10,800 options to key executives. Each option allows...

Accounting
Q

In recent years, Avery Transportation purchased three used buses. Because of frequent turnover in the...

Accounting
Q

Recording Sales-Type Lease, Unguaranteed Residual Value-Lessor estimates that the equipment will have an unguaranteed residual...

Accounting
Q

Assume the corporate tax rate is 20%. The firm has no debt in its capital...

Finance