Discussion
Tender is
Answer: B
The key's answer is an invitation to offer.
The paper uses tender in the sense of a notice inviting tenders. Such a notice does not itself bind the party issuing it; it invites others to make offers. The bid each tenderer then submits is the offer, and the contract is made only when the inviting party accepts one of them.
Read that way, the notice is not an offer or a promise, and it is not a counter offer, which is a reply that varies the terms of an offer already made.
No comment is present. Be the first to comment.
Loading…
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development