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Exam (elaborations)
Wv Business Law Practice For Contractors 
Latest Actual Exam With Verified Questions & 
Correct Answers
NewWv Business Law Practice For Contractors 
Latest Actual Exam With Verified Questions & 
Correct Answers
Exam (elaborations)
WV Business and Law Exam Review Workbook for Contractors 2025
PopularWhat type of contract requires the builder to finance, initially own, and operate the project, and then finally transfer the project to the customer after it has recovered its construction costs? 
a.	Traditional 
b.	Design Build 
c.	Turn Key 
d. Concession 
Rationale: In a concession contract, the builder finances and operates the project for a period to recover costs before transferring it. Other options like Turn Key or Design Build involve design and construction but not operation or fin...