When is an outlier included in a commercial contract?

timer Asked: Dec 6th, 2015
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1.        When is an outlier included in a commercial contract

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School: University of Maryland

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Outlier refers to fair chargeable payments made beyond the minimum and maximum norms prescribed. An organization is allowed to charge outlier when market situations initiate complications such as inadequate supply, breadth of services of the stated position, director’s competence and the extent the calls are of demand.

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