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No, a price quote is not the same as a contract. A price quote is an estimate provided by a seller outlining the expected costs for goods or services, often subject to change. In contrast, a contract is a legally binding agreement between parties that specifies the terms and conditions of a transaction, including price, delivery, and obligations. Once both parties agree to a contract, it typically supersedes any prior quotes.
What else can I help you with?
Is the price of the phone and the price of contract exactly the same?
no it is more expensive to get a contract by alot
Can you explain the concept of a void quote and how it impacts a contract?
A void quote is a term used in contract law to describe a quote that is not legally binding. When a quote is void, it means that the contract based on that quote is not valid or enforceable. This can happen if the quote contains errors, is made under duress, or is against the law. In such cases, the contract is considered void and cannot be enforced by either party.
What is meaning of initial contract price of civil engineering project?
The Initial Contract Price is the Contract Price listed in the Procuring Entity's Letter of Acceptance.
Invoice price is greater than quote price what do you do?
All quote prices are legal binding, this does not mean that the price is fixed at that maximum set level, but any price increase over the quote must not exceed 10% of the maximum quote given
Will a data center be able to give me a quote on the price of colocation?
A data center should be able to provide a price quote for a colocation. Looking online is also a good way to find a price quote.
Conditions under which forward and futures prices would be equal?
Different price of futures and forward which are identical (similar underlying assets) is because of the daily settlement on the futures contract. the price for both contract will be the same before the daily settlement.
Can you simply quote the price for the service?
The price for the service is 50.
Where can someone get a price quote for Progressive car insurance?
There are many places where one can get a price quote for Progressive car insurance. The best place to get a price quote for Progressive car insurance is on the official Progressive insurance website.
What type of market is the commodity market?
there are two types that are part of the commodity futures market. A normal futures market is one where the price of the nearby contract is less than the price of the distant futures contract. The other is an inverted futures market, the price of the near contract is greater then the price of the distant contract.
What is a quote on cars?
A quote on a car is simply the salesman giving you a price on the car.
Can you buy a new phone at an on contract price during your contract?
yep
What type of company is the Commodity Futures market?
there are two types that are part of the commodity futures market. A normal futures market is one where the price of the nearby contract is less than the price of the distant futures contract. The other is an inverted futures market, the price of the near contract is greater then the price of the distant contract.
