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【Daily Question】【Civil Engineering Version 20171003】

2017-10-03View Original

Thread Content

Participation reward: 2 Wealth. Correct reward: 6 Wealth. Company A issued tender notices to several companies. After receiving these notices, Company B submitted a bid to Company A. Following the evaluation process, Company A decided that Company B was the winning bidder and sent it a notice of award. Which of the following is correct?   A. Party A’s act of issuing a tender notice constitutes an invitation to offer. B. Party A’s act of issuing a tender notice constitutes an offer. C. Party B’s act of submitting a bid constitutes an offer. D. Party B’s act of submitting a bid constitutes an acceptance. E. Party A’s act of issuing a notice of award constitutes an acceptance
Reply #22017-10-03
E. Party A’s act of issuing the award notice constitutes a commitment

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