The _____ clause in a contract provides specific details on how the supplier's performance will be measured and if any compensation will be awarded by the supplier to the buyer if these defined levels of performance are not maintained.
A)key performance indicators and compensation
B)liability
C)notices
D)third-party rights
E)assignment and contracting

Question

Quizplus · Accepted Answer

The key performance indicators and compensation clause is specifically designed to outline how the supplier's performance will be measured and if compensation will be awarded if certain levels are not maintained. This clause helps to ensure that both parties are clear on expectations and provides a way to address any issues that may arise during the contract term.

The _____ Clause in a Contract Provides Specific Details on How