Is a quote binding?

Is a quote binding?

A quote is not a binding contract. Under contract law, only offers are considered legally binding and a quote is not an offer. That said, accepting a quote can create a legally binding bargain under certain conditions. Each side must agree to give up something to form an enforceable bargain, according to USA Today.

Is a quote the final price?

A quote is a legally binding fixed price a company prepares for a client; as such, they should always be in writing. A quote summarises the work to be performed and includes a detailed breakdown of all the costs and the final total, including taxes.

Do you put a period at the end of a quoted question?

When a quotation ending in a question mark or exclamation point ends a sentence, no extra period is needed. When multiple quotation marks are used for quotations within quotations, keep the quotation marks together (put periods and commas inside both; put semi-colons, colons, etc., outside both).

How do you punctuate a quote at the end of a sentence?

Proper Punctuation – Quotes

  1. If you start by telling who said it, use a comma and then the first quotation mark.
  2. If you put the quote first and then tell who said it, use a comma at the end of the sentence, and then the second quotation mark.
  3. Punctuation always goes inside the quotation marks if it is a direct quote.

What does this quotation mark mean?

: one of a pair of punctuation marks ” ” or ‘ ‘ used chiefly to indicate the beginning and the end of a quotation in which the exact phraseology of another or of a text is directly cited.

What should a quote include?

A good quote will Include the following components:

  • Business details. Providing your ABN and contact information is a legal requirement.
  • Total cost.
  • Breakdown of costs.
  • Variations.
  • Revisions.
  • Schedule for work.
  • Payment terms and conditions.
  • Quote expiry date.

What is a quotation in English?

1 : something that is quoted especially : a passage referred to, repeated, or adduced. 2a : the act or process of quoting. b(1) : the naming or publishing of current bids and offers or prices of securities or commodities.