Asked by
Natalie Vasquez
on Nov 23, 2024
Verified
Andrew, a carpenter, entered into a contract with Steven for the construction of a garage on Steven's property for $5,000. Andrew had constructed the entire garage except for a small door, when he refused to complete the contract. Andrew would not be entitled to claim payment, because he has not finished his part of the agreement.
Finished Agreement
A fully negotiated contract that has been signed by all parties involved, indicating their mutual consent to its terms and conditions.
- Investigate the idea of significant completion and its impact on the right to receive payments in contractual agreements.
Verified Answer
SA
Learning Objectives
- Investigate the idea of significant completion and its impact on the right to receive payments in contractual agreements.