RGB Inc.and Greengold Distributors have been locked in negotiations for a number of months.The negotiators of the parties involved decided not to finalize their terms and conditions until a particular event took place.Which of the following methods has been used in this case?
A) logrolling
B) non-specific compensation
C) pie-expansion
D) contingency contract

Question

Quizplus · Accepted Answer

The method used in this case is contingency contract which means that the parties involved have decided not to finalize their terms and conditions until a specific event takes place. This is a way of reducing risk and uncertainty by establishing conditions that must be met before the contract can be finalized.

RGB Incand Greengold Distributors Have Been Locked in Negotiations for a a Number