Offer is an expression of selling or purchasing products at a given price, generally put forth in writing. In the international trade practice, offer, known as the price quotation, is the reply to the inquiry's requests, and sometimes, directly to the other side without any inquiry.
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- A quotation is a written form response to an enquiry, telling the enquirer the price and other terms of transaction. In this sense, the term “_____” is often used as “quotation” in international trade, today. However, in practice, _____ is usually a “_____”.? offer, an offer, firm offer|quote, an offer, firm offer|offer, a quotation, firm offer|quotation, an offer, quotation
- ( ) It is the basis of price negotiation. A: Quotation B: Counter-offer C: Respond to the price D: Inquiry
- By “We are happy to accept your offer provided that you cut your price by 2%.”, the write is making a/an ( ). A: inquiry B: offer C: counter-offer D: order
- The price list and catalogue sent to some companies should be considered as （ ）。 A: an inquiry B: an offer C: a counter-offer D: an acceptance
- The share exchange ratio is defined as A: Offer price for the target divided by the acquirer's share price B: Offer price for the target divided by the target's share price C: Acquirer's share price divided by the target's share price D: Target's share price divided by the offer price E: Acquirer's share price divided by the offer price