________ Between a Client Company and a Contractor Company Should

question 22

Multiple Choice

________ between a client company and a contractor company should aim at a win-win solution,and the outcome must benefit both the parties involved.​ 

• A) selections 
• B) meetings 
• C) conflicts 
• D) negotiations

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Definitions:

Increased Cost

The rise in the financial expenditure required to perform an activity, purchase goods, or maintain operations.

Collapse of Market

A rapid and significant decline in the value or performance of a market, leading to a widespread loss of confidence and investment.

Specific Performance

A legal remedy whereby a court orders the party who breached a contract to perform the promised action rather than merely compensating the other party with money.

Quasi-contract

An obligation imposed by law to prevent unjust enrichment, where the court enforces a contractual obligation on parties who have not agreed to enter into a contract.