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ca-law-businessContract Requirements & Executionmedium

A payment schedule asks for 45 percent before work starts and before any materials are delivered. What is the concern?

Correct Answer

C) Front loading.

Payment terms should not be front-loaded beyond the value of work performed or materials delivered.

Answer Options
A
Written warranty terms.
B
Current notice terms.
C
Front loading.
D
Deposit cap.

Why This Is the Correct Answer

Payment terms should not be front-loaded beyond the value of work performed or materials delivered.

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