Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

24. Austen Construction , a general contractor , advertised for bids from subcontractors on the Electrical work for the renovation of one of State University's

image text in transcribed
image text in transcribed
24. Austen Construction , a general contractor , advertised for bids from subcontractors on the Electrical work for the renovation of one of State University's parking structures . The advertisement announced that the contract will be awarded to the lowest responsible bidder . Bronte , a responsible Electrical subcontractor , submitted the lowest bid to Austen for the electrical portion of the work. Austen informed Bronte that She Should begin work immediately . Bronte then Stated that she is " withdrawing " her bid from Austen . Which of the following Statements is most ACCUTate* ?" A. AUSten Should not rely on Bronte's offer to do the Electrical work. E. AUSten has acCE Accepted Bronte's offer , thereby forming a contract . C. Austen is not bound by Bronte's bid until he informs her of his intent to accept . D. Bronte has accepted Austen's offer by submitting the lowest bid

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial ACCT2

Authors: Norman H. Godwin, C. Wayne Alderman

2nd edition

9781285632544, 1111530769, 1285632540, 978-1111530761

Students also viewed these Law questions