The cash or concessions present in contract terms that parties agree to in order to share risks are called:
A)quid pro quos.
B)property rights.
C)flexible takes.
D)contract prices.

Question

Quizplus · Accepted Answer

Quid pro quos refer to the exchange of something valuable in return for something else. In this case, the exchange of cash or concessions in a contract is a quid pro quo arrangement to share risks. The other options do not accurately describe this type of arrangement.

The Cash or Concessions Present in Contract Terms That Parties