_______ are the terms of sale offered by different suppliers in response to the purchase specifications posted by the buyer.

Question

Quizplus · Accepted Answer

Competitive bids refer to the terms of sale offered by different suppliers in response to the purchase specifications posted by the buyer. Purchasing rebuys, legal bonds, requisitions, and auctions do not necessarily involve multiple suppliers offering different terms of sale in response to a buyer's specifications.

_______ Are the Terms of Sale Offered by Different Suppliers