A Purchaser Issues a Request to Get the Best Possible

question 35

Multiple Choice

A purchaser issues a request to get the best possible price on a required product or service. This is referred to as a tendered bid. The Supreme Court of Canada has decided that in some circumstances such tendered bids:

• A) Cannot be revoked.
• B) Have no requirement that bidders be treated fairly, as caveat emptor applies.
• C) Do not allow for discretion.
• D) Are an invitation to treat which carries with it no legal status.
• E) Must be in a standard form contract.

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Definitions:

Cardiac Output

The volume of blood the heart pumps through the circulatory system in one minute, typically measured in liters per minute.

Hypertrophy

The enlargement of an organ or tissue from the increase in size of its cells, commonly associated with increased muscle mass from exercise.

Left Ventricle

A chamber in the heart that pumps oxygenated blood out to the body.

Elasticity

The ability of a material or body to resume its normal shape after being stretched or compressed.