Contracts & ExecutionQuestion 197 of 1605
On a unit-price paving contract at $3.20 per square foot, the field measures 9,500 square feet actually paved. What is the contractor entitled to be paid?
a.$3.20
b.$30,400
c.$9,500
d.$3,040
Explanation
Under a unit-price contract, payment equals the unit price times the measured quantity: $3.20 x 9,500 sq ft = $30,400.
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