Solved: Progress payments-performance-based payments, Business Law and Ethics

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Progress payments-performance-based payments

Question: Can someone explain to me in details the following terms used in Contracting?

1) Progress Payments

2) Performance-Based Payments

3) Liquidated Progress Payments

4) Unliquidated Progress Payments

5) Ordinary Liquidation Rate

6) Alternate Liquidation Rate

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Business Law and Ethics: Progress payments-performance-based payments

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Business Law and Ethics: Progress payments-performance-based payments

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