【分析解答题】

In October 2008 whileArtaiConstructionCo LimitedArtaiCo) was building a residence project, a serious accident took place because of geological causes. To rescue the project many construction materials, such as cement and sand, were neede

D、However, it was impossible forArtaiCo to fi nd such a huge quantity of construction materials in a very short period of time.ArtaiCo, under such circumstances, had to negotiate with a developer of the neighbouring project and fi nally reached an agreement to buy construction materials from the developer at a very high price, three times the normal market price at that time.ArtaiCo fell into fi nancial diffi culty as a lot of funds had been spent on the rescue work and failed to pay the price for the construction materials as agree
D、
A、dispute arose betweenArtaiCo and the developer.Required:Answer the following questions in accordance with the relevant provisions of theContract Law ofChina, and give your reasons for your answer: (c) State the precondition forArtaiCo to take such a legal procedure. (4 marks)