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The Ultimate General Contractor and Construction Management 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
A single, fixed price for the entire project regardless of actual expenses
B
By receiving a percentage of the property's eventual resale value
C
For actual project expenses plus an agreed-upon fee or percentage for overhead and profit
D
Hourly wages based solely on the contractor's personal labor
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