Cost Of Completion Without Offset
This trap appears as a wrong-answer choice in 1 active question. Spotting how it is built is the repair: read each example's “why it's attractive” before the “why it's wrong.”
Subject distribution
- Contracts1
Example wrong choices
17260_marthas_bakehouse · CONTRACTS · Choice AMartha may recover from Stephen the reasonable cost of completing the mill-house.
Why it's attractive
Cost of completion is the textbook measure, but the choice omits the deduction of the retained balance — net recovery is zero.
Why it's wrong
Cost of completion is the textbook measure, but the choice omits the deduction of the retained balance — net recovery is zero.
17260_marthas_bakehouse · CONTRACTS · Choice CMartha may recover every payment she has made to Stephen.
Why it's attractive
'Every payment' over-claims — you don't recover money for accepted, completed work; restitution on rescission is mutual.
Why it's wrong
'Every payment' over-claims — you don't recover money for accepted, completed work; restitution on rescission is mutual.
17260_marthas_bakehouse · CONTRACTS · Choice DMartha may recover every payment she has made to Stephen and the reasonable cost of completing the mill-house.
Why it's attractive
Claims a full refund AND the completion cost — the greedy-combo corner; contract damages never put the owner ahead of performance.
Why it's wrong
Claims a full refund AND the completion cost — the greedy-combo corner; contract damages never put the owner ahead of performance.
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