Hendrix is building a new house and asks contractors for bids. She received the following by email:

Fantastic news! We've Found the answer you've been seeking!

Question:

Hendrix is building a new house and asks contractors for bids. She received the following by email: Bid 1: $450,000; Bid 2 $425,000; Bid 3 $42,500; Bid 4 $435,000.00 Upon receiving the bids, Hendrix responded to Bid 3 by emailing "I accept." Bid 3 now wishes to get out of the contract. The best defense available is ___________. In order to win with this defense, Bid 3 would have to show that they _______________.

Posted Date: Oct 23, 2021 05:51 PM

See More Questions

The City of Vaughan is building a new bridge, which will cost $14,000,000. The people of Vaughan approved the bridge in a referendum. The Provincial Government has promised to pay $4,000,000 and the...
1. A developer in your company is building a new application and has asked you if it should use TCP- or UDP-based communications. Provide her with a brief discussion of the advantages and...
Charlestown Electric Company is building a new generator for its Mount Washington Plant. Even with good maintenance procedure, the generator will have periodic breakdowns. Historical data for similar...
To eliminate service inconsistencies, companies rely on ___________ and ___________.
The information that follows relates to equipment owned by Gaurav Limited at December 31, 2014: Cost ............................ $9,000,000 Accumulated depreciation to date ............... 1,000,000...
The management of Opry Company, a wholesale distributor of suntan products, is considering the purchase of a $25,000 machine that would reduce operating costs in its warehouse by $4,000 per year. At...
Explain the meaning of sustainability reporting.
Venture capital (VC) firms are pools of private capital that typically invest in small, fast-growing companies, which usually cant raise funds through other means. In exchange for this financing, the...
(a) X Ltd. is studying the possible acquisition of Y Ltd. by way of merger. The following data are available in respect of both the companies. Particulars Market Capitalization (Rs.) Gross Profit...
A store maintains data on customers, products and purchase records in three tables: CUSTOMER, PRODUCT, PURCHASE. The store manager wants to know which product is on its maximum discount for each...
Q2. Figure shows a vertically loaded bracket attached to a fixed member by three identical bolts. Although the 20-kN load is normally applied in the center, the bolts are to be selected on the basis...
Consider a failing bank. How much is a deposit of $$290$,000 worth to the depositor. if the FDIC uses the payoff method? The purchase-and-assumption method? Which method is more costly to taxpayers?
The Financial Crisis Inquiry Commission was set up in the aftermath of the Great Recession as an independent group tasked with investigating the causes of the financial crisis of 20072009. Go to...
Suppose you are manager of a bank whose $$200$ million of assets have an average duration of five years and whose $$160$ million liabilities have an average duration of seven years. Conduct a...
Everyone loves mickey mouse and Donald Duck. Walt Disneys two largest segments are media networks and Parks and recreation. media networks consists of aBC, eSPn, Disney films, newly acquired...
All happy families are the same, to paraphrase Leo Tolstoy. But even unhappy ones are not bad for business. A family index produced by Credit Suisse shows that companies in which the founding family...
Think about 2 or 3 long-term financial goals you have in your own life (e.g., savings account amounts, a trip, retirement, paying off debt, etc.). As you read this week, what did you learn about...
In Exercises delete part of the domain so that the function that remains is one-to-one. Find the inverse function of the remaining function and give the domain of the inverse function. f(x) = 16x4 -3...
A classmate leaves a message on your voice mail betting that you cannot throw a stone high enough so it lands on the roof of a 20 -m-high building. As you stare out of your window pondering whether...
Indicate at least two possible choices of system in each of the following two situations. For each choice, make a sketch showing the system boundary and state which objects are inside the system and...
(a) In Figure 3 . 3, are the $x$ components of the velocity represented by the $x(t)$ curves positive or negative? (b) Are the speeds increasing or decreasing? (c) Are the $x$ components of...

Hendrix is building a new house and asks contractors for bids. She received the following by email:

Question:

Expert Answer:

1 The best defense for the Bid 3 would be to show Hendrix that th... View the full answer

Students also viewed these general management questions