Q 17 Standard sums is otherwise known as
OpsA maxterms
B.
variables
C. constants
D.
none
Answers
Answer :
Step by Step explanation
A. Maxterms
Answer:
The correct option is D. none of the above
Question : Standard sums is otherwise known as
Step-by-step explanation:
From the above question,
Standard sums is additionally regarded as a fixed-price contract, no longer maxterms, variables, or constants.
Standard sums is in any other case regarded as a fixed-price contract. This kind of contract is one of the most frequent kinds of contracts used in the building industry, and it includes the contractor agreeing to whole a job for a set price, regardless of the authentic value of substances and labor.
The contractor is paid a constant quantity for the completion of the job. This kind of contract is really useful for each the contractor and the client, as the contractor is assured a positive quantity of cash for the work done, and the patron is aware of the specific quantity of cash that will be paid for the job.
A fixed-price contract entails the contractor agreeing to whole a job for a set price, regardless of the genuine value of substances and labor. The contractor is paid a constant quantity for the completion of the job.
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