In order for contingency contracts to be viable and useful in negotiation,they must:
A)accurately predict the future
B)apply to the present interaction,not related to a future interaction
C)have a high degree of clarity and measurability
D)involve three or more parties in the contract

Question

Quizplus · Accepted Answer

For contingency contracts to be effective in negotiation, they must be clear and measurable to ensure that both parties understand their obligations and how the contract will be executed. Accurately predicting the future may be desirable, but it is not essential or always feasible. Likewise, the contract can relate to future dealings, but it must be applicable to the current situation. Involving three or more parties is not a requirement for a contingency contract.

In Order for Contingency Contracts to Be Viable and Useful