Daryl agreed to build a new house for Riley at a cost of $325,000. Riley is very particular when it comes to what she wants. Daryl constructed the house to Riley's specifications with one exception: the faucets and flooring in the upstairs bathroom were not exactly what Riley specified. This was a mistake on Daryl's part, but he did not intentionally fail to follow the specifications. When Riley saw the bathroom, she was extremely angry and began yelling and Daryl. She told him that she would not pay Daryl anything for the house. It would take $500 to put in the correct faucets and flooring Riley originally requested. Daryl responded that he was willing to pay $500 to put Riley in the position she would have been in had the correct faucets and flooring been used, but that is all he is willing to pay. Regarding the appropriate amount of damages, if any, which of the following statements is true regarding the effect Daryl's failure to meet his obligations under the building contract? O Riley is released from paying for the house because of the anticipatory breach. O Any damages awarded would be in the range of $500, the amount it would take to fix the breach.

Daryl agreed to build a new house for Riley at a cost of $325,000. Riley is very particular when it comes to what she wants. Daryl constructed the house to Riley's specifications with one exception: the faucets and flooring in the upstairs bathroom were not exactly what Riley specified. This was a mistake on Daryl's part, but he did not intentionally fail to follow the specifications. When Riley saw the bathroom, she was extremely angry and began yelling and Daryl. She told him that she would not pay Daryl anything for the house. It would take $500 to put in the correct faucets and flooring Riley originally requested. Daryl responded that he was willing to pay $500 to put Riley in the position she would have been in had the correct faucets and flooring been used, but that is all he is willing to pay. Regarding the appropriate amount of damages, if any, which of the following statements is true regarding the effect Daryl's failure to meet his obligations under the building contract? O Riley is released from paying for the house because of the anticipatory breach. O Any damages awarded would be in the range of $500, the amount it would take to fix the breach.