Question: A purchaser issues a request to get the best possible price on a required product or service. This is referred to as a tendered bid.

A purchaser issues a request to get the best

A purchaser issues a request to get the best possible price on a required product or service. This is referred to as a tendered bid. The Supreme Court of Canada has decided that in some circumstances such tendered bids: O a. Must be in a standard form contract. O b. Have no requirement that bidders be treated fairly, as caveat emptor applies. O c. Do not allow for discretion. O d. Cannot be revoked. Oe. Are an invitation to treat which carries with it no legal status

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!