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The following scenario covers question 1 to 5 Land Ltd {A Ltd) is a company running land development business. To seek for an appropriate contractor
The following scenario covers question 1 to 5 Land Ltd {"A Ltd") is a company running land development business. To seek for an appropriate contractor for building a hotel. A Ltd sent a letter to Construction Ltd ("B Ltd") inviting B Ltd to submit a tender for the development ("the Letter"). The letter. among others. states that experts will be engaged for considering all tenders to be submitted ("the Provision"). In response to the letter, B Ltd submitted a tender with quotation for constructing the hotel yesterday ("the Tender"). The Tender. among others, provides that the tender is valid for acceptance within one month immediately after the submission of the tender {"the Period"). The following question relate to the concepts in contract law. B Ltd cannot withdraw the Tender within the IDne-month Period because of which of the following? A Ltd has received the Tender A Ltd has furnished consideration It is because B Ltd had already promised so in the Tender The existence of a contract between the parties PENEVT' Select one: Q A. {1) and (2] B. {3] and (4} C. [2) and {4] 000 D. {1} and (3)
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