You are a school business official whose boar of education has just awarded a contract to a vendor to build a new
transportation garage. Prior to signing the contract, the contractor informs you he left something out of his bid to the tune of about 5000. He indicates he will not work for you unless you agree to pay him the 70000. What are the legal issues? What options does a business manager have? There are also two other bids. One which is 90,000 higher and one which is 97,000 higher.
The legal issues in this case fall under the concept of Contract law. A contract is defined as a legally enforceable... View the full answer