A(n) _____ Estimate Is Done Very Early in a Project

question 90

Short Answer

 A(n) _____ estimate is done very early in a project or even before a project is officially started.

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Definitions:

Trade Usage

Established practices or methods regularly observed and accepted in a particular industry or trade.

Course of Performance

The manner and history of conduct between parties in a contract that can be used to interpret their agreement's terms.

Good Faith

A principle requiring parties to act honestly and not mislead or withhold critical information in transactions.

UCC Mandated Duty

Required responsibilities established under the Uniform Commercial Code, applicable to transactions involving personal property.