A contractual provision insisted upon by a bidder limiting the ability of board members to negotiate with other bidders is referred to as a(n)__________ clause.
A) obedience
B) loyalty
C) negotiation
D) no-talk

Question

Quizplus · Accepted Answer

A "no-talk" clause is a provision that restricts board members from engaging in negotiations with any other bidders aside from the one they are currently considering, which ensures that the bidding process is fair and transparent.

A Contractual Provision Insisted Upon by a Bidder Limiting the Ability