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1 0/1 pts Builders Corporation (Builders) is a general contractor. Builders wished to bid on a construction project and solicited bids from a variety of
1 0/1 pts Builders Corporation (Builders) is a general contractor. Builders wished to bid on a construction project and solicited bids from a variety of subcontractors. Four electrical subcontractors, Alpha, Beta, Gamma, and Delta, submitted bids to Builders. The bids were as follows: Alpha- $75,000; Beta- $85,000; Gamma- $90,000; Delta- $95,000. As Builders was preparing its bid on the construction project based upon the low bid submitted by Alpha, Builders' president called Alpha and told him, "We won't be able to do it with your present bid, but if you can shave off $5,000, I'm sure that the numbers will be there for us to get that project." Alpha responded, "No way! In fact, that bid we submitted was based on a $15,000 error; we can't do it for a cent less than $90,000." Nevertheless, Builders submitted its bid for the construction project using Alpha's original $75,000 bid. Builders was not awarded the construction job and subsequently sued Alpha. Alpha is liable for: Intentional infliction of emotional distress. Breach of contract, because the mistake was not unreasonably obvious as to make acceptance of Alpha's bid unconscionable. Nothing, because Builders rejected Alpha's original offer and Alpha rejected Builders' counteroffer. Breach of contract, because the mistake is unilateral. Incorrect. Please review Top Ten concept #1
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