Question

(Q(Q003) The government's power to set conditions on companies seeking to sell goods or services to government agencies is known as __________ power.003) The government's power to set conditions on companies seeking to sell goods or services to government agencies is known as __________ power.

Answer 1

Answer:

The correct answer to the following question will be "Contracting power".

Explanation:

• Power means ownership of the capacity to exert energy, superiority or control, the freedom to law or rule, as well as to decide.
• Government authority to establish requirements for businesses wanting to sell products or services to the state or government authorities termed as Contracting Power.

Therefore, the above is the right answer.