Which of the Following Is True Regarding Bids

question 31

Multiple Choice

Which of the following is true regarding bids?

• A)Advertisements for bids are treated as offers.
• B)Promissory estoppel can be used to prevent withdrawal of bids.
• C)Bids for governmental contracts are covered under contract principles.
• D)Those that submit a bid are called offerees.

---

Definitions:

Instrumental Conditioning

A learning process through which the strength of a behavior is modified by its consequences, such as rewards or punishments.

Operant Conditioning

A learning process where behavior is modified by consequences, such as rewards for positive behavior or punishments for negative behavior.

Constrain

A limitation or restriction on actions or outcomes.

Opportunity

A situation or condition that places an individual in a favorable position to achieve a desired outcome.