Question: The TIP Tech partnership is preparing to bid on a contract to supply the U . S . government with batteries for its new fighter

The TIP Tech partnership is preparing to bid on a contract to supply the U

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government with batteries for its new fighter jets. Paulo learns from a friend at the Pentagon that one of TIP Tech's competitors has an inside track and will almost certainly win the contract. He decides not to share this information with Tyler and Inez. TIP Tech continues preparing its bid, which ends up costing the business a lot of time and money. Surprisingly, TIP Tech is awarded the contract. Did Paulo breach the duty to inform?

Yes, because he acquired information relevant to the partnership and did not share it

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,

because the information was not relevant to TIP Tech's business.

Yes, because TIP Tech should not have spent the resources to submit a bid.

,

because TIP Tech benefitted by Paulo's decision not to share the information.

The TIP Tech partnership is preparing to bid on a contract

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