Cramer subcontracted to Williams the furnishing and installation of all equipment for a large pumping station. The operation of the pumps, said the original contract, was to be guaranteed for one year. When the plant started to operate, certain defects in the pumps were discovered. To whom will the owner look for remedy - the contractor or the subcontractor? Why?

Cramer subcontracted to Williams the furnishing and installation of all equipment for a large pumping station. The operation of the pumps, said the original contract, was to be guaranteed for one year. When the plant started to operate, certain defects in the pumps were discovered. To whom will the owner look for remedy - the contractor or the subcontractor? Why?

Individual Income Taxes

43rd Edition

ISBN:9780357109731

Author:Hoffman

Publisher:Hoffman

Chapter18: Accounting Periods And Methods

Section: Chapter Questions

Problem 2RP

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