Which of the Following Documents Is Considered the Buyer's Offer

question 34

Multiple Choice

Which of the following documents is considered the buyer's offer to purchase products or services from a supplier,is legally binding once the supplier accepts it,and usually has the terms and conditions of purchase preprinted on the back of the document?

• A)Purchase requisition
• B)Planned order release
• C)Material requisition
• D)Purchase order

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Definitions:

Procedural Justice

The fairness in the processes that resolve disputes and allocate resources.

Rules and Procedures

Established guidelines and systematic methods designed to organize and standardize actions within an organization or activity.

Personal in Nature

Refers to something that is intended for or affects an individual in a private, intimate, or personal capacity.

Assignment

The transfer of rights or property from one party to another.