Is seller's target profit known to buyer for fixed price contracts?
Submitted by happyinlove505 on Fri, 11/02/2012 - 12:13
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So, the question is: "Is profit known for Fixed Price Contracts?"
I believe that the answer is "NO" since it is a fixed price contract and the seller has put the profit inside the fixed price and buyer usually does not have any idea what is the cost and profit expected by the seller.
