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Bizhelp
Bizhelp, CPA
Category: Homework
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Experience:  Bachelors Degree and CPA with Accounting work experience
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Jughead Construction Company puts in a bid to build the new

Resolved Question:

Jughead Construction Company puts in a bid to build the new town library. Its bid is $1 million. The other bids range from $2 to $4 million, and the town's architect estimated to town officials that the library would cost about $3 million. The town accepts Jughead's bid offer. Jughead's best defense to any lawsuit for breach of contract under these circumstances would be:
A. Unilateral mistake
B. Fraud by the town for keeping the architect's estimate secret.
C. Bilateral mistake
D. Unilateral palpable mistake.
Submitted: 4 years ago.
Category: Homework
Expert:  Bizhelp replied 4 years ago.
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