Howard hires Lyons to do some repair work on his house. Howard agrees to pay Lyons $50,000 for his work. About half way through the job, Howard’s house burns down. In a suit to determine what Howard should pay Lyons, the court will determine that Howard owes Lyons: $50,000 (the contract price) $25,000 (half of the contract price) The reasonable value of Lyon’s work Nothing

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