Question: The Maretts owned Marett Properties, LLC. They hired Brice Building to work on two commercial real estate buildings that they intended to lease. The Maretts

The Maretts owned Marett Properties, LLC. They hired Brice Building to work on two commercial real estate buildings that they intended to lease. The Maretts signed guaranties agreeing to be personally liable for Marett Properties' debt tio Brice, but the construction contracts were never signed. After some time, Brice had been paid nothing for the $337,800 worth of work he had completed. The two properties were not leased and were unfinished. Because there was no completed contract, Brice sued the Maretts in quantum meruit, an equity claim, and also to enforce their personal guaranty. The Maretts defended that there was a failure to complete a contract and that without a contract, the guaranty was not valid. Would Brice win the case?

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