Beta

Flashcards Studio

Write, submit, and receive AI feedback with score breakdowns.

Study Settings View Stats

Grades Left 0 this week

AI Graded 0 this week

Tracked Cards 0 saved

Due Review 0 cards

Source Capacity Capacity Matched to this deck.

Topic

Question Type

Reader

0 tracked cards Contracts

A contractor submitted a written bid of $82,000 for a school renovation. The next lowest bid was $124,000. The school board's purchasing officer noticed that the contractor's bid appeared to omit the HVAC line item shown on every other bid, but accepted the bid before asking any questions. The contractor discovered the clerical error the next morning and promptly sought to avoid the contract.
Which statement is most accurate?

Choose the Best Answer

The contractor may have a unilateral-mistake defense if enforcement would be unconscionable or the owner had reason to know of the clerical error. The contractor may avoid because courts rewrite all mistaken bids to market price. The contractor may avoid only if the owner expressly promised not to accept low bids. The contractor may avoid only if the owner also made the same arithmetic error.

Load another random question

Your Progress

No data Retention

Tracked Cards: 0
Accuracy: No data
Retained: 0

View Detailed Analytics

Difficulty Breakdown

Answer flashcards to build a real score-based difficulty breakdown.

Current Streak 0 Days

Start a streak with this card.

Suggested Decks

View All

Leech Cards

Review

No recent weak flashcards in your saved workbook.

More

Flashcards Studio

Question

Choose the Best Answer

Hello