Bob enters into a contract with jim and jen to build their new custom dream home in florida, and they agree on a price. before construction begins, a hurricane hits the florida coast, causing lumber to become scarce. bob is able to obtain lumber from texas at twice the itemized cost in the contract, and jim and jen agree to pay the difference. midway through construction, jim and jen change their minds and do not want to pay for the increased costs. the court will likely find the agreement is

Question

Deborah

Business

20 May, 08:01

Bob enters into a contract with jim and jen to build their new custom dream home in florida, and they agree on a price. before construction begins, a hurricane hits the florida coast, causing lumber to become scarce. bob is able to obtain lumber from texas at twice the itemized cost in the contract, and jim and jen agree to pay the difference. midway through construction, jim and jen change their minds and do not want to pay for the increased costs. the court will likely find the agreement is

+2

Answers (1)

Know the Answer?

Kayla Vargas · Answer 1

The court will likely find the agreement as a breach of contract. It is because one of the party decided to take back the agreement where they start to opposed, creating a breach of contract where one party does not follow what it says. Jim and Jen were the party that decided to disagree to the contract where they first agreed on with Bob.