An agreement on a set of criteria and procedures to be applied by the buyer in determining how well the seller has performed and how much fee the seller has earned is called:
D) Contract incentive plans, no doubt. Though I do wonder if the buyer and seller ever have a 'contract tickle fight' as part of the negotiations. *wink wink*
I was totally lost on this one until I read the options. D) Contract incentive plans sounds like the obvious choice. Who comes up with these test questions anyway?
I'm pretty sure it's D) Contract incentive plans. That sounds like the correct description of an agreement between a buyer and seller about performance and fees.
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