subject
Business, 04.07.2020 01:01 bugsbunny27

Douglas County sought bids for a construction project. Robert Taggart wanted to submit a bid but knew the project needed rock. He talked with some owners of a rock source and was told the rock was for sale but the price could not be determined until the other owner was consulted. Taggart prepared an incomplete bid, told his bookkeeper to get the rock price and complete the bid. Taggart left on vacation. The bookkeeper did so and submitted the bid. The bids were opened. Taggart’s bid was the lowest, but it was learned later that day that the rock was longer for sale. The next day the bookkeeper delivered a written bid withdrawal to the county. The county subsequently awarded the contract to Taggart. Required:
Is there a contract? If so, what aspect of contract law might apply here? If not, why?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 17:10
Show the changes to the t-accounts for the federal reserve and for commercial banks when the federal reserve buys $50 million in u.s. treasury bills. if the public holds a fixed amount of currency (so that all loans create an equal amount of deposits in the banking system), the minimum reserve ratio is 10%, and banks hold no excess reserves, by how much will deposits in the commercial banks change? by how much will the money supply change? show the final changes to the t-account for commercial banks when the money supply changes by this amount.
Answers: 3
question
Business, 21.06.2019 20:50
Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning
Answers: 2
question
Business, 21.06.2019 21:00
Which of the following is a reason why it is important for students to study strategy and the strategic management process? answers: studying strategy and the strategic management process can give students tools to evaluate the strategies of firms that may employ them.it can be very important to a new hire's career success to understand the strategies of the firm that hired them and their place in implementing these strategies.while strategic choices are generally limited to very experienced senior managers in large organizations, in smaller and entrepreneurial firms many employees end up being involved in the strategic management process.all of these.
Answers: 3
question
Business, 22.06.2019 21:40
Rebel technology maintains its records using cash-basis accounting. during the year, the company received cash from customers, $43,000, and paid cash for salaries, $23,500. at the beginning of the year, customers owe rebel $1,000. by the end of the year, customers owe $6,600. at the beginning of the year, rebel owes salaries of $5,600. at the end of the year, rebel owes salaries of $3,300. determine cash-basis net income and accrual-basis net income for the year.
Answers: 2
You know the right answer?
Douglas County sought bids for a construction project. Robert Taggart wanted to submit a bid but kne...
Questions
question
Mathematics, 02.02.2021 17:20
question
History, 02.02.2021 17:20
question
Biology, 02.02.2021 17:20
question
Mathematics, 02.02.2021 17:20
question
Mathematics, 02.02.2021 17:20
question
Mathematics, 02.02.2021 17:20
Questions on the website: 13722367