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Question: 3

The risk avoiding buyer wants to minimize the risk of agreeing to a higher price than necessary to cover the buyer’s costs plus a reasonable profit.

  1. True
  2. False


Answer: B

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Question: 4

Who avoid the risk of agreeing to the price that may not cover its actual performance costs or allow a reasonable profit?

  1. Risk avoiding buyer
  2. Business professional
  3. Risk avoiding seller
  4. Technical personnel


Answer: C

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Question: 3

The risk avoiding buyer wants to minimize the risk of agreeing to a higher price than necessary to cover the buyer’s costs plus a reasonable profit.

  1. True
  2. False


Answer: B

Question: 1

The solicitation specifications and statement of work contain:

  1. Administrative requirements
  2. Technical requirements
  3. Company policy
  4. Pricing contracts


Answer: B