subject
Law, 06.05.2021 22:10 guazet7650

A tender required a deposit of $100,000 which, the tender document stipulated, would be forfeited if the tender was withdrawn. The contractor after submitting both tender and
deposit, then tried to change his tender but was denied the contract went to another
company and the deposit was not returned.

Is it a Vaild Contract? If yes, why? If no, what is missing or incorrect?

ansver
Answers: 3

Another question on Law

question
Law, 03.07.2019 15:10
Difference between joint tenancy and tenancy in common
Answers: 3
question
Law, 14.07.2019 10:10
The texas department of public safety issues driver's licenses and identification cards that have specific security features. a valid driver's license issued after april 2009 has which of the following features on the front of the card?
Answers: 2
question
Law, 15.07.2019 07:10
How does the right to file a lawsuit protect people?
Answers: 3
question
Law, 15.07.2019 23:20
What are the ramifications of different interpretations of the relationship between loac and human right laws?
Answers: 3
You know the right answer?
A tender required a deposit of $100,000 which, the tender document stipulated, would be forfeited...
Questions
question
Mathematics, 16.10.2020 05:01
question
Mathematics, 16.10.2020 05:01
question
Mathematics, 16.10.2020 05:01
question
Mathematics, 16.10.2020 05:01
question
History, 16.10.2020 05:01
question
Biology, 16.10.2020 05:01