Obligation to pay for the rental of the house


Question:

Amy and Eric wanted their son, Wyatt, to see a space shuttle launch. They contracted to rent a home near the space launch facility in Florida for the second week in June of 2004 so that they could see the launch and have a Florida vacation. The launch was scheduled for Monday of the week that they rented the house. On Thursday of the week prior to the launch, it was announced that the launch would be delayed for two weeks. Are Amy and Eric obligated to pay for the rental of the house? Why? Please present at least 3 similar cases and the results with your response.

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Business Law and Ethics: Obligation to pay for the rental of the house
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