When You Are Converting a Purchase Quote to a Purchase

question 25

Multiple Choice

When you are converting a purchase quote to a purchase order,Sage 50 Accounting asks you to confirm -

• A)that you are removing the quote
• B)that you are filling the quote
• C)that the quote number may not be used again
• D)that you are converting the quote to an order

Interpret the legal effectiveness of advertisements as offers.

Distinguish between offers and invitations to negotiate.

Understand the conditions under which a revocation of an offer becomes effective.

Recognize the implications of silence as a means of acceptance in forming a contract.