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Viktor [21]
3 years ago
12

Builders Corporation (Builders) is a general contractor. Builders wished to bid on a construction project and solicited bids fro

m a variety of subcontractors. Four electrical subcontractors, Alpha, Beta, Gamma, and Delta, submitted bids to Builders. The bids were as follows: Alpha- $75,000; Beta- $85,000; Gamma- $90,000; Delta- $95,000. As Builders was preparing its bid on the construction project based upon the low bid submitted by Alpha, Builders’ president called Alpha and told him, "We won’t be able to do it with your present bid, but if you can shave off $5,000, I’m sure that the numbers will be there for us to get that project." Alpha responded, "No way! In fact, that bid we submitted was based on a $15,000 error; we can’t do it for a cent less than $90,000." Nevertheless, Builders submitted its bid for the construction project using Alpha’s original $75,000 bid. Builders was not awarded the construction job and subsequently sued Alpha. Alpha is liable for:________.
Business
1 answer:
Brrunno [24]3 years ago
3 0

Answer:

Alpha is liable for nothing.

Explanation:

Builders requested Alpha to make a discount (which is considered a counteroffer) but Alpha rejected it. At this point there was no valid offer anymore, and luckily for Builders, they lost the bid. Since a counteroffer invalidates an original offer, Alpha didn't have any type of obligation with Builders to perform at $75,000. The new price between them was $90,000, take it or leave it. Builder's president made a mistake when he made his counteroffer and if they had won the contract, then they would have needed to look at the other offers.

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Naily [24]

Answer:

0.25 or 25%

Explanation:

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= 0.25 or 25%

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Alex787 [66]

Answer:

Explanation:

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Mr. MB can emphasize on the importance of creating effective work environment that motivate employees to work properly.

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tempering

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5 0
3 years ago
What are municipal bonds? Describe two different types of municipal bonds<br><br> please help
lesantik [10]

Answer:

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3 years ago
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mylen [45]

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The after acquired property is manifested in the context above, Eduardo must have penned a security agreement nn other to secure the $50,000 loan from the National Bank, and therefore his real and personal properties such as his 10 year old van, including properties purchased after penning the security agreement such as the Just purchased greenhouse automatically becomes a collateral for his debt.

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