On April 1, KO Contractors, Inc., contracts to build a store for Lo-Cost Jewelry at a specific location in Metro City. On May 1, Metro changes its zoning laws to prohibit the construction of a commercial building at that location. Lo-Cost files a suit against KO. In this situation
A. KO is in breach of contract.
B. Lo-Cost is in breach of contract.
C. the contract is discharged.
D. the contract is suspendeD.
Answer:C
On April 1, KO Contractors, Inc., contracts to build a store for Lo-Cost Jewelry at a specific location in Metro City. On May 1, Metro changes its zoning laws to prohibit the construction of a commercial building at that location. Lo-Cost files a suit against KO. In this situation
A. KO is in breach of contract. B. Lo-Cost is in breach of contract. C. the contract is discharged. D. the contract is suspendeD.