Examveda
Examveda

Type of bidding in which bids are met before allocation of competitive bidders is considered as

A. firstly basis

B. preferential basis

C. federal basis

D. last basis

Answer: Option B

Solution(By Examveda Team)

Type of bidding in which bids are met before allocation of competitive bidders is considered as preferential basis. Bidding is an offer to set a price by an individual or business for a product or service or a demand that something be done.

This Question Belongs to Management >> International Finance And Treasury

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