Post Utme Uniosun 2022 Commerce Question 21

Practice objective / multiple choice question 21 from the 2022 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2022 Commerce Objective / Multiple Choice
Question 21 POST_UTME_UNIOSUN • 2022 • COMMERCE • objective

A firm is considering entering into a contract with a supplier. The contract specifies that the supplier will deliver goods within 30 days of receipt of the purchase order. What type of contract is this?

Answer Options

A. Fixed-price contract
B. Cost-plus contract
C. Time-and-materials contract
Correct Answer D. Firm-fixed-price contract
Correct Answer
D
Correct Option:
Firm-fixed-price contract

About This Question

This is Post Utme Uniosun 2022 Commerce Question 21. It is one of the objective questions from the 2022 Post Utme Uniosun Commerce examination.

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