The Supplier Is Paid in Full for All Reasonable Expenses

question 59

Multiple Choice

The supplier is paid in full for all reasonable expenses up to a preset limit and also an additional sum as profit on the transaction in a ______ contract.

• A)buyback
• B)quality-flexibility
• C)cost-plus
• D)fixed-price

---

Definitions:

Century BCE

A term used to denote years before the Common Era, typically used in historical context.

Hedonist

An individual who believes that the pursuit of pleasure is the most important goal in life.

Pleasure

A state of feeling happy, satisfied, or enjoyable.

Sole Good

The concept in ethics that there is only one ultimate value or good towards which all actions are directed.