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Which of the following contracts is riskiest for a buyer? Question 4 options: firm-fixed-price time and...

Which of the following contracts is riskiest for a buyer?

Question 4 options:

firm-fixed-price

time and material

cost reimbursable

fixed-price-economic-price-adjustment
business   Operations-Management   
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Answer #1

Time and material

Time and material is the riskiest for a buyer because the investments and the expenditure may vary a lit based on the time and material required to fulfill the contract and the buyer can actually have an impact for the same as well

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