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Question
_______ may be defined as invitations to submit "bids to provide such goods/ services at quoted prices and subject to stated conditions".
_______ may be defined as invitations to submit "bids to provide such goods/ services at quoted prices and subject to stated conditions".
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Solution
The correct option is C Tender Notices
Tender usually refers to the process whereby governments and financial institutions invite bids for large projects that must be submitted within a finite deadline. The term also refers to the process whereby shareholders submit their shares or securities in response to a takeover offer.
Tender usually refers to the process whereby governments and financial institutions invite bids for large projects that must be submitted within a finite deadline. The term also refers to the process whereby shareholders submit their shares or securities in response to a takeover offer.
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