When Reno, an industrial equipment buyer, chooses to request bids from suppliers, he is legally required to accept the lowest bid received.

Name: When Reno, an industrial equipment buyer, chooses to request bids from suppliers, he is legally required to accept the lowest bid received.
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

Reno is not legally required to accept the lowest bid received. He can choose to accept or reject any bid for any reasons that suit his company's needs.

When Reno, an Industrial Equipment Buyer, Chooses to Request Bids