Which of the following is an advantage of a contingency contract?
A) Negotiators can easily and accurately formalize such agreements.
B) It allows negotiators to safeguard themselves if they are concerned about being cheated.
C) It gives negotiators scope to focus on their speculative disagreements.
D) It requires one-time or minimal interaction between the negotiating parties.

Question

Quizplus · Accepted Answer

A contingency contract allows negotiators to safeguard themselves if they are concerned about being cheated or if there is uncertainty about the future. This is an advantage because it gives negotiators a sense of security and a fallback position.

Which of the Following Is an Advantage of a Contingency