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Discussion :: Statement and Assumption

  1. Statement: Tender specification will not be issued to the firms where there is 25% or more default in supplies against earlier purchase orders placed on them' - Condition of a Company X inviting tenders for the purchase of material.

    Assumptions:

    1. The Company X will be watching the quality of performance of its suppliers.
    2. This time the firms should keep the percentage of default as less as possible.
    3. The Company X expects quality and professional approach from its suppliers.

  2. A.
    Only I is implicit
    B.
    Only II is implicit
    C.
    Either II or III is implicit
    D.
    Only III is implicit
    E.
    None of these

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    Answer : Option E

    Explanation :

    Since Company X intends to invite tenders only from those companies which have not been defaulters earlier, so both I and III are implicit. Besides, to have long term business relations with Company X, every firm needs to perform well in its supplies. So, II is also implicit.


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