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Question
Morton Reeves, a building subcontractor, submitted a bid for construction of a portion of a high-rise office building. The bid contained material errors in computation. Lago Corp., the general contractor, accepted the bid with the knowledge of Reeves' errors. Reeves:
A. must perform the contract unless he can show that Lago acted fraudulently.
B. must perform the contract according to the stated terms since his errors were unilateral.
C. can avoid liability on the contract only if his errors were not due to his negligence.
D. can avoid liability on the contract since Lago knew of his errors.
Answer
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