A contractor, who was interested in submitting a bid for the project, but planned on using a subcontractor for the electrical work on the project, advertised for bids from am electrician's. Four electrolans submitted bids to the contractor in the following amounts: $65.000, $80.000, $95,000, and $100,000.

Alter complying al of the bids from the electricians and calculating her costs based on the lowest bids, the contractor submitted her general bid to the county. The county accepted this bid. After the acceptance, the electrician who had submitted the lowest bid realized he had made a mistake in his calculations. His bid should have been $100,000. The electrician immediately notified the contractor of his mistake and stated that he was revoking his bid. The contractor informed the electrician that $ was impossible fo him to change his bid, and the contractor, having used the bid in making her own bid, was accepting the electrician's $65,000 bid.

In a suit for rescission of his contract with the contractor, is the electrician likely to Prevail?

Answer rating: 100% (QA)

typo in your statement Assuming you meant electricians instead of electrolans lets proceed with that correction The contractor interested in submitting a bid for the project and planning to use a subc... View the full answer