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Acceptance - Coggle Diagram
Acceptance
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The postal rule
States that were acceptance is made by post, it takes effect when the letter is posted
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Tenders
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Single offer tender
- Statement made that works needed
- Tenders invited
- Tenders submitted offers
- Offers accepted or rejected
Standing offer tender
- Goods or work needed on an on-going basis
- Tenders invited
- Tenders submitted offers
- Offers accepted when order takes place
- each other forms a separate contract
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