The City of Victoria invited tenders for building a sports stadium in an abandoned industrial park. Duarte, who runs a sports complex construction company, submitted a bid on the construction project. Seeing an excellent business opportunity, he also bought land next to the proposed stadium, intending to build a restaurant and capitalize on the stadium's customers eating in his restaurant. Unfortunately, the detailed description of the project in the tender invitation document contained a number of significant errors. When the City of Victoria discovered these errors, it canceled the project. Duarte now owns worthless land in the middle of an abandoned industrial park. 

What is the issue, law, analysis, and remedy?

Answer rating: 100% (QA)

ANSWER The issue is that the City of Victoria canceled the construction project after disco... View the full answer