Contracts Can Have an _____ That Allows for Negotiations to Proceed

question 19

Multiple Choice

Contracts can have an _____ that allows for negotiations to proceed during the term of the contract on 1 or more items.

• A) Contract bar
• B) Provisional intent test
• C) Opener clause
• D) Duty to sign

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Definitions:

Governmental Purchases

Expenditures made by the government for goods and services that are directly used to provide public services or for government consumption.

Domestic Output

The complete total of the value of all outputs and services fashioned within a nation's borders across a defined time span.

Tax-Freedom Day

A concept depicting the day of the year by which an average citizen has earned enough income to pay off their annual tax obligations to the government.

Tax Bills

Statements of money owed to the government as a result of taxation.