Answered step by step
Verified Expert Solution
Question
1 Approved Answer
General Construction, Inc., contracted to replace the windows of an office building. It needed to use scaffolding to perform the work, which it estimated would
General Construction, Inc., contracted to replace the windows of an office building. It needed to use scaffolding to perform the work, which it estimated would take two months. On April 1, it called Equipment Suppliers, Inc., and requested a price quote for renting the scaffolding for two months, beginning on May 1. On the morning of April 3, Equipment Suppliers' representative visited the site. After inspecting the building and determining the amount of scaffolding required, the representative filled out and signed a standard form "proposal," and handed it to General Construction's representative. The proposal offered to supply the scaffolding on the site for two months, beginning on May 1 and ending on July 1. The proposal showed a total price of $20,000, made up of two months' rent of $10,000 per month. The proposal concluded, "If the terms of this proposal are acceptable to you, please sign it in the space provided and return it to us as soon as possible." p. 144The space provided in the proposal for the customer's signature was a line at the bottom of the page that looked like this: I accept this proposal _________________________________ _______ (signature) (date) On the afternoon of April 3, General
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started