Asked by beyonce logan on Apr 26, 2024
Verified
The U.S. Department of Justice needs to have construction work done on a federal courthouse. The agency asks contractors to submit bids. This is
A) an offer.
B) an invitation to submit offers, not an offer itself.
C) a catalogue, not an offer.
D) a price list, not an offer.
Federal Courthouse
A building housing federal courts where cases related to federal law are tried.
Invitation
A written or verbal request to someone to go somewhere or to do something.
Submit Bids
The process of offering a specified price for goods or services, especially in the context of auctions or competitive tenders.
- Separate the idea of an offer from the concept of an invitation to negotiate.
Verified Answer
JL
Jennifer LodewykApr 29, 2024
Final Answer :
B
Explanation :
The request for contractors to submit bids is an invitation to negotiate, not an offer itself. It invites contractors to make offers through their bids, which the agency can then accept or reject.
Learning Objectives
- Separate the idea of an offer from the concept of an invitation to negotiate.