Which statement is correct about unintentional errors on construction contracts?
A)Unintentional underestimates or overestimates may not be errors.
B)Errors are misstatements that should not have been made based on the information available at the time.
C)Both statements are correct.
D)Neither statement is correct.

Question

Quizplus · Accepted Answer

Both statements are correct. Unintentional underestimates or overestimates can occur due to various reasons and may not necessarily be considered errors if they were made based on the best information available at the time. Errors are indeed misstatements that should not have been made given the information available, indicating a deviation from accuracy or correctness.

Which Statement Is Correct About Unintentional Errors on Construction Contracts