Q What arguments would support Associated’s claim for $20,000?
b. What arguments would support the claim by the Cogginses that they were not liable for $20,000?
c. For what damages, if any, are the Cogginses liable? Explain.
A) Certain things that would be considered in supporting the argument of AS’s claim for the amount of $20,000: is that the time factor would be considered as an essence, the concept of late payment is likely to create a violation over the contract and thirdly, it is the scale of damage that might be recovered for causing a violation of the agreement of original contract (Rosett, 1974). B) Certain things that would be considered as an argument for supporting the claim by Cogginses that they are not at all accountable for the amount of $20,000.
