Author Question: Bill Blass is accepting bids for construction of a new office building on his centrallylocated ... (Read 122 times)

biggirl4568 · **on:** Jun 24, 2018

Bill Blass is accepting bids for construction of a new office building on his centrallylocated property. Blass wants to be certain that he is protected in the bidding process so that if the selected construction firm backs out after acceptance but before construction, he is compensated for the delay in finding a new contractor. Blass needs:
A)A bid bond.
B)A performance bond.
C)A construction bond.
D)A payment bond.
E)None of the above

Question 2

With reference to 13, which of the following statements is true?
A) Alex's rent can be increased at any time.
B) Alex would be liable for damages if he left the apartment before the end of six months.
C) Alex cannot withhold rent if there is no water in the apartment.
D) All of the above are correct