A land owner and a contractor entered into a contract to build a house that is to be finished by July 1st. Halfway through the project the owner decides she

is going on summer vacation and verbally tells the contractor that he can finish by September 1st. On June 20th the owner misses her flight and decides not to go on vacation and demands that the house be built by their contract deadline of July 1st. The contractor refuses since after being given the verbal extension he re-scheduled his material and labour for mid-August.On July 2nd the owner terminated the contract citing that the contractor did not deliver on time as per the contractual agreement. Question: Is the owner entitled to rely on the strict wording of the contract under these circumstances?In giving reasons for your answer, identify and explain the relevant legal principles (from your experience in equitable estoppel )and how it would apply.