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Task 1.4 You are have sent out invitations to tender on the construction of the ground slab. You have received positive responses from three concretors.

Task 1.4

You are have sent out invitations to tender on the construction of the ground slab. You have received positive responses from three concretors.

i.How do the concretor's responses represent an 'offer', and

ii.What constitutes an 'acceptance' by you of the most favourable offer? (20-40 each)

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