A fixed price contract is an example of

A. Avoiding risk.
B. Mitigating risk.
C. Accepting risk.
D. Ignoring risk.
E. Transferring risk.


Answer: E

Business

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If Crosby and Dash are in disagreement as to the exact amount of money that Crosby owes Dash, then they may choose to form a new agreement at a set amount. If they both perform the new agreement, their conduct would be an example of

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Answer the following statement true (T) or false (F)

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