Deirdre Read That Bids Were Being Solicited for the Construction

question 18

Essay

Deirdre read that bids were being solicited for the construction of an apartment tower. Deirdre submitted the lowest bid and was offered the contract contingent on her providing acceptable sureties in the amount of $1 million. Because Deirdre never had done work on this scale, it was virtually impossible for her to obtain the appropriate sureties. She convinced Reassuring Sureties, Inc. to issue the necessary commitment by misrepresenting that she was a famous builder in Canada. As the work progressed, it seemed to be going well and Deirdre was asked to make the project 52 stories instead of 50 stories, which was the original contract height. She agreed to this change.?After the work was completed, many breaches of contract on the part of Deirdre became evident. Reassuring Sureties was sued for a $500,000 loss. Reassuring Sureties defended on the grounds of fraud and material change in the contract. Decide.

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Definitions:

New England

A region in the northeastern United States comprising six states (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont), known for its colonial history and natural beauty.

Healthier Surroundings

Environments or settings that are conducive to good health, often characterized by clean air, water, and access to green spaces.

Puritan Marriages

Marriages within the Puritan community that emphasized mutual respect, piety, and companionship, guided by religious and moral principles of the 16th and 17th centuries.

Reciprocal Affection

Mutual feeling of love or fondness between two or more individuals or entities.