Which "Phase" of the SBIR Program Is a Six-Month Feasibility

question 63

Multiple Choice

Which "phase" of the SBIR Program is a six-month feasibility study in which the recipient must demonstrate the technical feasibility of the proposed innovation?

• A) Phase I
• B) Phase II
• C) Phase III
• D) Phase V
• E) Phase X

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Definitions:

Implied Contract

A contract formed in whole or in part from the conduct of the parties (as opposed to an express contract).

Enforce In Court

The act of seeking judicial action to ensure compliance or to execute a legal right, often involving litigation.

Fully Performed

Refers to a scenario where all terms and obligations of a contract have been met by all parties involved.

Executory

Describing a contract that has not yet been fully performed or completed by all involved parties.