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:

Intrapersonal Intelligence

The capacity to understand oneself, including one's feelings, motivations, and inner states.

Self-Management

The ability of an individual to manage their personal activities and health independently, often in the context of chronic conditions or personal development.

Skill

The ability to do something well, often gained through training, experience, or practice, encompassing both physical and cognitive competencies.

Assertiveness

A communication style in which individuals express their needs, feelings, and opinions in a direct, honest, and respectful manner.