Examlex

Solved

With a Fixed Unit Price Contract, If the Estimate of Units

question 13

True/False

With a fixed unit price contract, if the estimate of units is not accurate, the contract has to be changed.


Definitions:

Economic Plan

A strategic outline designed to achieve certain financial and economic goals within a specific timeframe.

National Capital

The city or municipality that serves as the seat of government of a country, state, or region, often housing the central administrative, legislative, and judicial offices.

Ratification

The official way to confirm something, usually by vote, formal consent, or official approval, particularly in the context of treaties, constitutions, and agreements.

Related Questions