A company generates contracts for various work or purchases to replenish the stock in the
Storeroom. However, each time a new contract is drawn up, they have to send the contract off to
the legal department, which takes one to two days delaying the placing of a timely Purchase
Order. Instead, the company wants to centralize the terms and conditions that are used for each
company, and for these to be copied to each new
contract. Which application does this describe?

A.
Companies

B.
Master Contracts

C.
Purchase Contracts

D.
Terms and Conditions