A ________ is the result of a back-and-forth discussion between a buyer and seller about the final price of a product or service.
A) request for quote
B) competitive bid
C) price quote
D) negotiated price
E) loss-leader price

Question

Quizplus · Accepted Answer

A negotiated price is the result of a back-and-forth discussion (negotiation) between a buyer and seller about the final price of a product or service. Request for quote, competitive bid, price quote, and loss-leader price are not necessarily the result of a negotiation process.

A ________ Is the Result of a Back-And-Forth Discussion Between