Which of the following would a Contract Administrator use if they are using a unilateral contract?

The correct answer is B. Purchase order. A unilateral contract is a contract signed (executed) by only one party - the buyer. A Purchase Order (PO) is the classic example: the buyer issues and signs the PO authorizing payment for goods or services, and the seller fulfills the order without signing a separate…

Program Life Cycle Management

Question

Options

AStatement of work
BPurchase order
CTime and material
DCost-plus

How the community answered

(22 responses)

A
9% (2)
B
86% (19)
C
5% (1)

Explanation

A unilateral contract is a contract signed (executed) by only one party - the buyer. A Purchase Order (PO) is the classic example: the buyer issues and signs the PO authorizing payment for goods or services, and the seller fulfills the order without signing a separate agreement. This contrasts with bilateral contracts (like fixed-price, cost-plus, or time-and-material agreements), which require signatures from both the buyer and the seller. A Statement of Work (SOW) describes the work scope but is not a contract type itself. Time and Material and Cost-Plus are bilateral contract types.

Topics

#Contract Types#Unilateral Contracts#Purchase Orders#Procurement Management

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