The Contract Must Clearly Spell Out

question 20

Multiple Choice

The contract must clearly spell out

• A) the names of those responsible for tasks.
• B) the number of contact hours the contractor must have with the customer.
• C) the deliverables the contractor is expected to provide.
• D) the level of risk acceptable by the contractor.

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Definitions:

Premise

A basic idea or assumption that serves as the foundation for a further argument, statement, or theory.

Personal Benefits

Personal benefits are advantages or improvements to an individual's condition resulting from particular actions or investments, often relating to health, financial well-being, or quality of life.

Economic Theory

A set of principles and models that seeks to explain how economies work and the behaviors of economic actors.

Real-world Events

Occurrences or developments that happen in the physical world, beyond theoretical or hypothetical situations.