L5M3 practice question 8 of 25

What is a Prime Contract?

Full set: 120 questions
Answer options
A: A contract between a buyer and main supplier
B: A contract between an end customer and a company which has full responsibility for its performance Correct answer
C: A contract between a supplier and a subcontractor
D: A contract between a public sector organisation and the taxpayer
Correct Answer:
B. A contract between an end customer and a company which has full responsibility for its performance
Explanation

"A contract between an end customer and a company which has full responsibility for its perfor- mance" is the correct answer. This is the definition of Prime Contract given on p. 47

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