Multiple Choice

An electrical contractor confirms on a Tuesday that a custom switchgear component is back-ordered, which will stall a commercial project for three weeks. Instead of notifying the client immediately, the contractor waits until Friday afternoon to disclose the problem, using the time to search for a secondary supplier. During those three days of silence, the client signs a non-refundable contract for a specialized cleaning crew to arrive on the original completion date.

Analyzing this situation through the Immediate Disclosure Principle, why was the contractor's decision to wait until Friday a critical business failure?

0

1

Updated 2026-05-09

Contributors are:

Who are from:

Tags

Electrician Business Operations

Running an Electrical Contracting Business Course

Related