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What is the name of your state?What is the name of your state?New Jersey
These cases are for my homework and I didn't find an answer. New Jersey Law. Thank you for your help, I really need it.
1- An owner of an apartment building hires a contractor to build a new building at a price of $ 1,000,000. After the contract is signed by both parties, the town where the new building is to be built passes a law that requires that all new construction have sprinklers and smoke detectors in all hallways and public areas. The builder says to the owner “I can not put them in as part of the contract price”. The owner says “How much will it cost?” The builder says “About $200,000.” The owner says “No, I will pay you only the actual cost of the material and labor to put them in”. The builder finishes the building and installs the building with the sprinklers and smoke detectors. Then the town’s building inspector inspects the building and tells to the owner that the smoke detectors are defective and they will have to be replaced and it will cost $30,000 to replace them. The builder has already finished the job and does not want to come in and replace them. How much is the builder to be paid? Legal reasons.
2- An owner of a race horse makes a contract to sell the race horse for $500,000, delivery in 10 days. The next day the horse brakes and leg and has to be destroyed. When the owner finds out, he calls the buyer and offers to substitute another race horse. The buyer refuses to a substitute horse. What are the rights of the parties under those circumstances?
3- A basketball player has a contract with an NBA team. The contract calls for a payment of $2,000,000 each year of March 1st of that year. For the current year team tells to the ball player that they can only pay him $1,000,000 on February 1st and the other $1,000,000 on October 1st. The ball player refuses to play. When a rival team hears of the dispute, they contact the ball player and offer to pay him the $2,000,000 in full. What the present team has to do to prevent the ball player from going to do other team? Legal reasons.
4- There are twin brothers who are identical twins. One plays for an NBA team, the other ones play for a European team. They secretly switched places and teams. The NBA team finds out, what are their rights under these facts?
These cases are for my homework and I didn't find an answer. New Jersey Law. Thank you for your help, I really need it.
1- An owner of an apartment building hires a contractor to build a new building at a price of $ 1,000,000. After the contract is signed by both parties, the town where the new building is to be built passes a law that requires that all new construction have sprinklers and smoke detectors in all hallways and public areas. The builder says to the owner “I can not put them in as part of the contract price”. The owner says “How much will it cost?” The builder says “About $200,000.” The owner says “No, I will pay you only the actual cost of the material and labor to put them in”. The builder finishes the building and installs the building with the sprinklers and smoke detectors. Then the town’s building inspector inspects the building and tells to the owner that the smoke detectors are defective and they will have to be replaced and it will cost $30,000 to replace them. The builder has already finished the job and does not want to come in and replace them. How much is the builder to be paid? Legal reasons.
2- An owner of a race horse makes a contract to sell the race horse for $500,000, delivery in 10 days. The next day the horse brakes and leg and has to be destroyed. When the owner finds out, he calls the buyer and offers to substitute another race horse. The buyer refuses to a substitute horse. What are the rights of the parties under those circumstances?
3- A basketball player has a contract with an NBA team. The contract calls for a payment of $2,000,000 each year of March 1st of that year. For the current year team tells to the ball player that they can only pay him $1,000,000 on February 1st and the other $1,000,000 on October 1st. The ball player refuses to play. When a rival team hears of the dispute, they contact the ball player and offer to pay him the $2,000,000 in full. What the present team has to do to prevent the ball player from going to do other team? Legal reasons.
4- There are twin brothers who are identical twins. One plays for an NBA team, the other ones play for a European team. They secretly switched places and teams. The NBA team finds out, what are their rights under these facts?