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The Master Builder: Ultimate General Contracting Quiz
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In a 'cost-plus' contract, how is the general contractor compensated?
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Hint
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⚖️
50-50
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Audience
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A
They receive a fixed fee regardless of actual expenses
B
They are paid for actual project expenses plus an agreed-upon fee or percentage for overhead and profit
C
They receive equity in the completed building instead of cash
D
They are paid solely based on the number of hours worked by subcontractors
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