Which statement accurately reflects a buyer’s options when a project is not completed?

Prepare for the Subdivision Development 2-1 Test. Study with flashcards and multiple choice questions, each providing explanations and tips. Ace your exam with confidence!

The accurate statement regarding a buyer’s options when a project is not completed is that the buyer can stop payments. This option reflects the legal principle known as “performance of contract,” where if one party fails to fulfill their obligations—such as completing a construction project—the other party may have the right to halt any further payments until the issue is resolved.

In a typical contractual relationship, if the project remains unfulfilled or defective, the buyer has the right to seek redress, which includes stopping the payments as a means to negotiate for either completion of the project, repairs, or possibly rescinding the contract entirely. This action supports the buyer's right to protect their interests and ensures that they are not financially bound to a project that does not meet the terms agreed upon in the contract.

Understanding this right helps buyers navigate their options effectively, allowing them to respond appropriately when a seller fails to deliver as promised.

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