A brick mason was hired by a builder under a written one-year contract, at an annual salary of $45,000, with employment to begin on March 1. Because the builder was unable to secure enough building contracts to keep all its employees busy during the season beginning March 1, it notified the brick mason on February 15 that it could not afford to employ him as a mason. At the same time, however, the builder offered to employ the mason, for the same contract period, as a night guard at an annual salary of $25,000. The mason declined the offer and remained unemployed during the year. No employment for brick masons was available in the community during the year, but the mason could have obtained other employment as a day laborer that would have paid up to $25,000 a year. At the end of the year, in an action against the builder for breach of contract, how much, if anything, is the mason entitled to recover?

Respuesta :

Answer:

$45,000

Explanation:

Mason is entitled to earn $45,000 at the end of the year in an action against the builder for breach of contract. This is because, Mason had a contract with the builder, meaning he had a better chance. Therefore, he was able to get the original price of $45,000, with employment beginning on March 1.

In an action against the builder for breach of contract, the mason is entitled to recover $45,000 (the contract price) (Contracts-Remedies).

What is breach of contract?

A breach of contract refers to the violation of a contractual obligation or agreement.

It mainly occurs when one party in a binding agreement fails to act according to the terms of the agreement.

The consequences of the breach of contract are the reduction of the contract price, remedy of the defect, compensation for damage etc.

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