Examlex
A nurse would like to propose legislation requiring all schools to employ a registered nurse. Which of the following would be the first step taken as the nurse implements the legislative process?
Tendered Bid
A formal offer submitted in response to an invitation to bid for a project, often including price and terms of service.
Caveat Emptor
A Latin phrase meaning "let the buyer beware," implying that the buyer assumes the risk about the quality and condition of the product being sold.
Standard Form Contract
A contract with fixed terms prepared by a business.
Consideration
Something of value given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.
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