_____in contact entitle a contractor to suitablyenhsncethe contact price if the cost rises ahead of given percentage
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Answer:
Escalation clause is the answer
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Concept: To find the suitable word to be filled in the blank space
Given: A sentence and a few hints
Find: The most suitable word in the blank space
Solution: The Escalation Clause in the contract entitles a contractor to suitably the contract price if the cost rises ahead of the given percentage.
- An escalation clause is a contract where there can be an increase in wages upon certain agreed conditions.
- We need to understand the basic components of an escalation clause.
- The escalation clause is good for buyers as it brings protection to them.
Hence, the most suitable word is filled in the given blank space.
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