Problem

A called builder B and described in considerable detail an additional room she planned to...

A called builder B and described in considerable detail an additional room she planned to build on her house. She asked B how much he would charge to build it. After lengthy discussion, B said, “I think it will cost you $3,000.” A said, “That will be satisfactory.” The next day B called A and said that, after making a careful estimate of the job, he found the addition would cost $3,400. A claimed that B had already contracted to do the work for $3,000. Is A correct? Why?

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Solutions For Problems in Chapter 6