Legal Question in Business Law in Vermont
Is it legal for a corporation to grant a private contract to another company or an individual without a public bid?
Asked on 3/28/11, 9:08 am
1 Answer from Attorneys
Kevin B. Murphy
Franchise Foundations, APC
As a Franchise Attorney I can say this. There is no law that requires a corporation to submit private contacts to a public bid. Were this the case, it would be incredibly difficult for commerce to proceed. Consult with a good business or franchise attorney in your area for specific advice.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.
Franchise Foundations, a Professional Corporation
Answered on 3/30/11, 6:48 am
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