Project Management Professional (PMP) Exam Practice – Question1614

In some cases, contract termination refers to______________


A.
Contract closeout by mutual agreement
B. Contract closeout by delivery of goods or services
C. Contract closeout by successful performance
D. Certification of receipt of final payment

Correct Answer: A

Explanation:

Explanation:
A contract can end in successful performance, mutual agreement, or breach of contract. Contract closeout by mutual agreement or breach of contract is called contract termination.