Which of the Following Is a Formal Document That Seeks

question 57

Multiple Choice

Which of the following is a formal document that seeks from a group of vendors pricing information for specific products or services?

• A) RFP
• B) RFQ
• C) budget
• D) capital expenditure forms

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Definitions:

Proximately Caused

An event sufficiently related to a legally recognizable injury to be considered the cause of that injury.

Breach of Warranty

A violation of the terms of a guarantee provided in a sales contract, where a product fails to meet the stated quality or standards.

Rescind Agreement

To revoke, cancel, or annul an agreement, legally undoing its terms and obligations.

Remedies Available

Legal means for enforcing a right or redressing a wrong provided and sanctioned by law, including compensation, restitution, or injunctions.