QUESTION 11 1. Luxury Home Builders has a contract with Ricardo to build a luxury waterfront home for $17 million.

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QUESTION 11

1.    Luxury Home Builders has a contract with Ricardo to build a luxury waterfront home for $17 million. The project is complete and fulfills all contract requirements, except the bathroom fixtures that were installed mistakenly were Sears fixtures instead of top-rated, gold-plated, clearly specified, Kohler ones. “My goodness, gracious, Sears,” Ricardo exclaims, when he discovers this! He is very insulted and incensed and refuses to pay a dime! Whereupon, Luxury sues him for breach of contract. The likely result will be:

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