Question 6 of 144
The pricing arrangements fall into which of the following categories:
Correct Answer: D

Question 7 of 144
A pre-contract agreement that merely communicates any agreed-to terms and conditions that will apply when an order is placed by the buyer is known as:
Correct Answer: B

Question 8 of 144
What clause can provide for price increases based on the seller’s costs but not on the seller’s decision to increase the prices of its products and services?
Correct Answer: A

Question 9 of 144
Governments commonly use what type of contracts when contracting with universities and non-profit organizations for research projects?
Correct Answer: C

Question 10 of 144
The cost-plus-a-percentage-of-cost contract provides for the seller to receive reimbursement for its actual cost and a profit component, called __________, equal to some predetermined percentage of its actual costs.
Correct Answer: A