The Approach Where a Firm or Consortium Undertakes the Project

question 10

Multiple Choice

The approach where a firm or consortium undertakes the project and operates it until its outlay plus profit are recovered from the earnings of the project is known as a:

• A)Multilateral development scheme
• B)Mixed project scheme
• C)Build and operate scheme
• D)Co-financing scheme
• E)Joint venture

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Definitions:

Repeat Again

To say or do something one more time; a redundant expression implying the action of repeating.

Sentence

A set of words that is complete in itself, expressing a statement, question, exclamation, or command, and consisting of a main clause and sometimes one or more subordinate clauses.

Paragraph Structure

The organization of sentences within a paragraph to ensure clarity and coherence, often beginning with a topic sentence followed by supporting details.

Unity

The state of being united or joined as a whole, especially in a context that emphasizes harmony among parts.