1. Bill offered to have Joe supply his office workers with computer terminals for $25,000. Joe looked over Bill's first floor office and agreed to do so but for $35,000. Bill agreed. When Joe did a closer survey of Bill's office he found that there were 50 employees that needed computer terminals and that the true value of the contract was $65,000. Joe sought to set the contract aside claiming Bill acted in reckless disregard of the truth because Bill had failed to tell Joe the number of terminals needed when he made the original offer to Joe. Decide