A lump-sum contract requires the customer to pay for the full delivered price of the project before any work is done.

Name: A lump-sum contract requires the customer to pay for the full delivered price of the project before any work is done.
Brand: Quizplus
Rating: 4.7 (32 reviews)

Question

Quizplus · Accepted Answer

A lump-sum contract requires the customer to pay a fixed price for the completed project, but not before any work is done. Payment may be made in installments throughout the project or upon completion.

A Lump-Sum Contract Requires the Customer to Pay for the Full