Question: What is true about a consortium? Parties form a consortium when they are rooted in different types of business and cannot fathom the risks of
What is true about a consortium?
Parties form a consortium when they are rooted in different types of business and cannot fathom the risks of the other's business.
The consortium members do not appoint a leader and instead make decisions on a round robin basis.
Each member is responsible for the total scope or work of the contract.
Members of a consortium have no liability to the owner.
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