Which category of contracts are sellers legally obligated to complete, with possible financial damages if the project objectives are not met?
A. Cost-reimbursable contracts
B. Time and Material contracts (T&M)
C. Fixed-price contracts
D. Cost Plus Fixed Fee Contracts (CPFF)
Answer:C
Which category of contracts are sellers legally obligated to complete, with possible financial damages if the project objectives are not met?
A. Cost-reimbursable contracts B. Time and Material contracts (T&M) C. Fixed-price contracts D. Cost Plus Fixed Fee Contracts (CPFF)