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Which of the following documents are likely to have legal standing? Select TWO that apply:
Suggested Answer: A, C
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A quotation and a tender are both firm offers which have legal standing to the offeror. Tenders are more detailed than quotations and will include quality aspects as well as prices.
LO 1, AC 1.1 & AC 1.2
30 comments · newest first
BR
Brendan
10 months ago
I think Estimate is just a guess, not legal at all.
TE
Telma
11 months ago
Quotation can sometimes hold up in court too, right?
ER
Ernest
11 months ago
Totally agree, those two have legal weight!
AN
Annett
11 months ago
Tender and Requisition are usually binding.
EL
Elliot
11 months ago
Wait, are you sure about Requisition? Seems iffy.
JO
Joana
11 months ago
I thought Estimates were more informal, so I’m leaning towards Tender and Request for Information, but I could be wrong.
AM
Ammie
12 months ago
I feel like a Requisition could be important, but I can't recall if it really has legal weight. Maybe the Tender is the safer choice?
LI
Ligia
12 months ago
I remember practicing a question like this, and I think the Tender definitely has legal standing, but I'm torn on the second option.
CL
Claudio
1 year ago
I think a Tender and a Quotation might have legal standing, but I'm not entirely sure about the Quotation.
NO
Norah
1 year ago
I'm a bit confused on this one. I know tenders and requisitions are formal documents, but I'm not sure about the other options. I'll have to review my notes to refresh my memory on this topic.
CA
Candida
1 year ago
I think the key is to focus on the level of formality and legal significance of the documents. Tenders and requisitions are probably the safest bets here.
LU
Luisa
1 year ago
Okay, let me break this down. Tenders and requisitions are likely to have legal standing since they involve formal contracts and procurement processes. The other options seem more informal or informational in nature.
ST
Staci
1 year ago
Hmm, I'm not sure about this. I'll have to think it through carefully. Quotations and estimates don't seem like they would have legal standing, but I'm not totally sure about the other options.
NE
Nelida
1 year ago
I'm pretty confident about this one. Tenders and requisitions seem like the obvious choices for documents with legal standing.
MO
Moon
1 year ago
A and E, for sure. Quotations and estimates are like the legal equivalent of a handshake and a wink, am I right folks?
NO
Nobuko
1 year ago
A and E, definitely. Quotations and estimates are legally binding.
MA
Marion
1 year ago
Hmm, this is a tough one. I'm going to go with C and D, but only because I heard the exam proctor has a thing for formal procurement documents.
FE
Felicidad
1 year ago
I would go with A and E, they seem more official to me.
AR
Argelia
1 year ago
I'm not sure about D, but I'm confident about C.
MA
Marci
1 year ago
I think C and D are the right choices too.
AM
Amber
1 year ago
I'm not sure about Estimate, but I think Quotation could also have legal standing.
TA
Tanesha
1 year ago
I agree with Herminia, Tender and Requisition seem like the most legally binding documents.
HE
Herminia
1 year ago
I think Tender and Requisition have legal standing.
DO
Dorothea
1 year ago
I'm going with B and E. Who needs legal standing when you can just wing it with a request for info and a friendly estimate, am I right?
WH
Whitley
1 year ago
I agree, it's always better to have the proper documentation in place to protect yourself.
NI
Nicolette
1 year ago
I think you might be taking a risk with that approach. Legal standing can be important in certain situations.
RE
Rebbecca
1 year ago
C and D seem like the obvious choices here. Tenders and requisitions are definitely legally binding documents.
YO
Yoko
1 year ago
I'm not sure about E, but C and D definitely seem like the right choices.
LO
Lorriane
1 year ago
I think C and E could also be legally binding documents.
ME
Melissa
1 year ago
I agree, C and D are the most likely to have legal standing.