Question-OneConstruction Contract • March 23rd, 2022
Contract Type FiledMarch 23rd, 2022In August 2000, Mindy entered into a written contract with Ben, a builder, to construct an addition to the family's residence. One of Mindy's reasons for building the addition was to provide a practice gym for her son, Mike, a 21 year old college student, who wanted to become a professional basketball player. Thus, the contract between Mindy and Ben provided, in part, that the gym would have a hardwood floor and a basketball hoop while the remainder of the addition would be carpeted. The contract price was $100,000, one-half of which was paid upon execution of the contract, with the balance to be paid upon completion of the job.