The Smiths Hire a Contractor to Build a Home for Them.The

Multiple Choice

The Smiths hire a contractor to build a home for them.The total cost of the contract is for $110,000.Some of the building materials are delivered,and the contractor refuses to build the house.An alternate contractor agrees to build the house using the same materials for $125,000.Are the Smiths entitled to damages? If so,how much?

A) No; the contract was terminated before construction began and the house was still built.
B) Yes; they are entitled to contract damages in the amount of $15,000.
C) Yes; they are entitled to contract damages in the amount of $110,000.
D) Yes; they are entitled to contract damages in the amount of $125,000.