Jones Construction asks for bids for subcontracts on a building it is to construct. The successful bid will be an acceptance of Jones' offer.

Name: Jones Construction asks for bids for subcontracts on a building it is to construct. The successful bid will be an acceptance of Jones' offer.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In contract law, a bid is typically considered an offer, not an acceptance. The acceptance occurs when Jones Construction accepts a subcontractor's bid.

Jones Construction Asks for Bids for Subcontracts on a Building