Metro Transport asks for bids on a construction project. Metro estimates that the cost will be $200,000.
Question:
Metro Transport asks for bids on a construction project. Metro estimates that the cost will be $200,000.
Most bids are about $200,000, but EZ Construction bids $150,000. In adding a column of cost figures, EZ mistakenly omitted a $50,000 item. Because Metro had reason to know of the mistake
a. Metro can enforce the contract.
b. EZ can increase the price and enforce the contract at the higher price.
c. EZ can avoid the contract.
d. none of the above can be done.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Business Law Text And Exercises
ISBN: 9780357717417
10th Edition
Authors: Roger LeRoy Miller, William E. Hollowell
Question Posted: