In Ordering Phase

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In Ordering Phase

Options:

A . the buyer and seller are concerned with the gathering of market intelligence.

B . a formal relationship is established between buyer and seller, including terms and conditions to be applied to transactions under the contract.

C . this involves the placement and processing of purchase orders (or, in contractual terms, an offer), and acknowledgement by the seller of its preparedness to deliver (in contractual terms, an acceptance).

D . deals with the delivery of goods and/or the performance of services. In addition, some post-delivery functions may be involved, in particular inspection, and acceptance or rejection.

Answer: Option C

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