A. an agreement between a private sector entity and a contractor for the supply of goods or services by the contract or to the private sector entity for a fixed price. B. an offer by the contractor to do work or supply goods at a fixed price. C. an agreement between the government and a contractor for the supply of goods or services by the contractor to the government for a fixed price. D. is an offer to do work or supply goods at a fixed price.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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3. A tender is:
A. an agreement between a private sector entity and a contractor for the supply of
goods or services by the contract or to the private sector entity for a fixed price.
B. an offer by the contractor to do work or supply goods at a fixed price.
C. an agreement between the government and a contractor for the supply of goods or
services by the contractor to the government for a fixed price.
D. is an offer to do work or supply goods at a fixed price.
Transcribed Image Text:3. A tender is: A. an agreement between a private sector entity and a contractor for the supply of goods or services by the contract or to the private sector entity for a fixed price. B. an offer by the contractor to do work or supply goods at a fixed price. C. an agreement between the government and a contractor for the supply of goods or services by the contractor to the government for a fixed price. D. is an offer to do work or supply goods at a fixed price.
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