Fact Pattern 12-1
Lewis, an employee of Silos, Inc., makes a substantial mathematical error in totaling the estimated costs for a project for which AgriCo-op is seeking bids. Consequently, Silos's bid is significantly low.
-Refer to Fact Pattern 12-1. Any contract with AgriCo-op that includes the mistake may be rescinded
A) if AgriCo-op knew or should have known of the mistake.
B) if Lewis's supervisor did not know of the mistake.
C) if Silos knew or should have known of the mistake.
D) under no circumstances.
Correct Answer:
Verified
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