Question: When a business sets up a tendering process, it is really making an invitation to treat, inviting contractors to make an offer to complete a

When a business sets up a tendering process, it

When a business sets up a tendering process, it is really making an invitation to treat, inviting contractors to make an offer to complete a particular project on specified terms, for a named price. If the tender process is set up appropriately, the business can do everything except a) Accept the offer of a bidder other than the lowest bidder. Ob) Reject all the offers and set up a new tendering process. Oc) Tentatively accept the two lowest bids, then invite those bidders to sweeten the deal, then accept one of those two new bids. d) Accept the offer of the lowest bidder

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