Knott v. Moore Lamb Cons. Co.
Knott v. Moore Lamb Cons. Co.
Opinion of the Court
Epitomized Opinion
First Publication of this Opinion
«Construction Co. built for Knott, under a verbal contract, an apartment house and garage. After the completion of the building, Knott sued Construction Co. in Mahoning Common Pleas, to recover money and notes which they claim was paid in excess of the
3. “We think the rule is well established that where the agreement is admitted by both parties and it is also admitted that a contract price was fixed, but there is a dispute as to what the price was, expert testimony as to the reasonable cost of construction can be introduced. This is done on the theory of probability; that is, parties contracting, probably contract with reference to what is reasonable in performing work and furnishing material. The value of this testimony would depend very much, or rather the assistance in determining the question, where one party as-seits.one price and the other party another price, on what the reasonable testimony would show the price should be.”
Case-law data current through December 31, 2025. Source: CourtListener bulk data.