Final answer:Two procurement instruments used for buying out a job are Purchase Orders and Contracts.Purchase Ordersare commercial documents indicating the details of the products or services being bought. Contracts are legal agreements detailing the job to be done and the agreed terms.Explanation:Two procurement instruments commonly used to buy out a job are Purchase Orders andContracts. A Purchase Order is a commercial document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services. It serves as an offer to buy products or services.On the other hand, a Contract is a legally binding agreement between two parties. In the context ofprocurement, it may detail the job to be performed, the agreed-upon price, and other specific terms and conditions.Innegotiation, the buyer and the potential supplier discuss the terms and conditions of the purchase agreement, including price, quantity, quality, and delivery.Learn more about Procurement Instruments here:brainly.com/question/33120103#SPJ11...

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