________ Is the Awarding of a Contract for an Item

question 12

Short Answer

________ is the awarding of a contract for an item or service to only one supplier.

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Definitions:

Public Policy

A course of action or regulatory measures adopted by a government to address issues of public concern.

Liability

Legal responsibility for one's actions or for a particular outcome, often involving financial restitution.

Safe Deposit Box

A secure container, usually located within a bank vault, used for the safekeeping of valuables.

Heirs

Individuals or entities designated to receive assets upon another's death under the terms of a will or according to the laws of inheritance.