Article Date: 08/27/2012

Contractor's Failure to Honor Payment Assurance Was Not Fraud

Overview

A federal appeals court has ruled that a contractor did not commit fraud when it reneged on an assurance of timely payment of invoices without set-offs. While the assurance was intended to maintain a steady supply of concrete, the contractor was unaware at the time of subsequent problems with strength tests.

NOT YET A SUBSCRIBER?

Purchase a Subscription
with a money-back guarantee
and immediate access

OR

Buy This Item Individually
Price: $20.00

Already a member?

Email:

Password:

Forgot your password? Click here to have your password emailed to you.