The Three Primary Types of Contracts That Can Be Drawn

question 46

True/False

The three primary types of contracts that can be drawn to control the outsourcing deal are (1) a time and arrangements contract, (2) a fixed-price contract, and (3) a value-added contract.

---

Definitions:

Social Media Habits

Patterns of behavior associated with the use and interaction on social media platforms.

Personality Research

The scientific study of individual differences in characteristic patterns of thinking, feeling, and behavior.

Extraversion

A personality trait characterized by outgoingness, high energy, and positive emotionality.

Real-life Friends

Personal connections and relationships formed through direct and physical interactions, as opposed to online or virtual communications.