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Inquiry vs Quotation

Hello

I'm wondering the differences between Inquiry and Quotation.

Does Inquiry not have a legal effect ? I mean, when i bind a material A on the inquiry B the stock of A will be reduced ?

And Quotation has a legal effect ? when i create a Quotation and put a material A on the item assignment block the stock of A will be reduced ?

That's how i understood the difference btw Inquiry and Quotation, not just description.

Is that right ? And Could you tell me some more differences btw Inquiry and Quotation regarding functionalities ?

Regards

SH KIM

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