Bill Blass is accepting bids for construction of a new office building on his centrally?located property. Blass wants to be certain that he is protected in the bidding process so that if the selected construction firm backs out after acceptance but before construction, he is compensated for the delay in finding a new contractor. Blass needs:
A)?A bid bond
B)?A performance bond.
C)?A construction bond.
D)?A payment bond.
E)?None of the above
A
You might also like to view...
Gregor loves playing video games on his mobile phone. He keeps checking for newly launched games and downloads them from various websites. In this scenario, Gregor is involved in:
A. business-to-business e-commerce. B. business-to-consumer e-commerce. C. business-to-government e-commerce. D. consumer-to-consumer e-commerce.
A variance permits an owner of land to use it in a specified manner that is inconsistent with zoning ordinances
Indicate whether the statement is true or false
Which of the following was not able to successfully implement a freemium business model?
A) Pandora B) Dropbox C) LinkedIn D) Ning
To assure that all purchases are authorized before payment is made, accounting department personnel should match the vendor's invoice to:
A. The voucher. B. The purchase order. C. The receiving report. D. The purchase requisition.