Which pricing model generally has the highest financial risk for the supplier? A. firm, fixed pricing B. time & materials C. incentive based D. cost reimbursable

Which of the following is a disadvantage of a cost reimbursable contract?

A. uncertainty in budgeting

B. contractor may have less incentive to be efficient

C. additional administration and oversight is required

D. all of the above

A price adjustment provision can be beneficial to both the supplier and the purchaser.

True or False

Most Favored Customer provisions are sometimes challenged based on anti-trust arguments. Which of the following are concerns raised about these types of provisions:

A. Concerns over reduced price competition

B. concerns over facilitation collusion between competitors

C. concerns over exclusionary effect on rivals at the buyer letter

D. all of the above