Which of the following item is correct about an acceptance?
A: “Acceptance” means an agreeing by conduct to the offer of another.
B: Keeping silence can be a good practice to reject offers of another.
C: If a subcontract is mentioned in a prime bid (between the GC and the owner), that subcontract is legally binding to the owner.
A: “Acceptance” means an agreeing by conduct to the offer of another.
B: Keeping silence can be a good practice to reject offers of another.
C: If a subcontract is mentioned in a prime bid (between the GC and the owner), that subcontract is legally binding to the owner.
举一反三
- Offer and acceptance are elements required for the formation of a legally binding contract.
- The word ( ) means "a specific proposal to enter into an agreement with another. An offer is essential to the formation of an enforceable contract. An offer and acceptance of the offer creates the contract.".
- Which of the following item is CORRECT about termination? A: Convenience termination provisions address the defaults of G B: Default termination provisions refer to the owner’s termination without disclosing reasons. C: The owner can involve the third party to complete the work if the original contract is terminated. D: Provisions dealing with payment result from termination is not critical because GC and the owner can always bargain.
- Currency options sold through an options exchange: A: contain a commitment to the owner, and are standardized. B: contain a commitment to the owner, and can be tailored to the desire of the owner. C: contain a right but not a commitment to the owner, and can be tailored to the desire of the owner. D: contain a right but not a commitment to the owner, and are standardized.
- Which one is the correct procedure of price negotiation? A: offer--inquiry--counter--offer—acceptance B: offer--counter-offer--refuse—acceptance C: inquiry--offer--counter-offer—acceptance D: inquiry--offer--refuse—acceptance