This topic contains a solution. Click here to go to the answer

Author Question: Strong Construction accepted bids for its bid to build homes in the Hillcrest Development. Fred's ... (Read 131 times)

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
Strong Construction accepted bids for its bid to build homes in the Hillcrest Development. Fred's Framing submitted a bid that Strong used in his bid. Strong got the project and then Fred's backed out of its bid. Which of the following is correct with respect to Strong's rights?
 A)Fred's only made an offer, so it is free to withdraw
 B)Fred's is bound to perform for the bid price submitted
 C)Fred's is bound to perform, but can raise the price
 D)Fred's is bound to perform if Strong accepted

Question 2

Cheri North has a month-to-month tenancy. She pays her rent of 880 on the first day of each month. On January 15, 2009, Cheri received notice from her landlord that her rent would be increasing to 900 per month. When is the first time the landlord can demand the 900 rent from Cheri?
 A) The landlord can collect the extra 20 on January 15, 2008 and receive 900 on February 1st and thereafter
 B) The landlord can collect the 900 on February 1st and every month after
 C) The landlord can collect the 900 beginning March 1, 2008
 D) None of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

momtoalll

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

B

Answer to Question 2

C





 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

For a complete list of videos, visit our video library