Objective Impossibility Occurs If a Particular Contracting Party Is Unable

question 1

True/False

Objective impossibility occurs if a particular contracting party is unable to perform because of financial inability or lack of competence.

---

Definitions:

Evaluation Methods

Techniques or procedures used to assess the effectiveness, value, or impact of activities, projects, or programs.

Supplier Performance Management

A systematic approach to measuring and evaluating the performance of a supplier's ability to meet predefined quality, delivery, and cost objectives.

Performance Data

Quantitative information related to the efficiency, effectiveness, and outcomes of various processes, systems, or employees.

Future Performance

An estimate or forecast of a person's, system's, or entity's actions and achievements in a period that is yet to come.