New PMP Question & Answers with explanation

You are the project manager for the Heart of Texas casual clothing company. Your company is introducing a new line of clothing called Black Sheep Ranch Wear. You will outsource the production of this clothing line to a vendor. You want to use a hybrid approach to manage this project. Which of the following contract types will you use?
Select one
You are the project manager for the Heart of Texas casual clothing company. Your company is introducing a new line of clothing called Black Sheep Ranch Wear. You will outsource the production of this clothing line to a vendor. The vendor has requested a procurement SOW. Which of the following options are true regarding the SOW?
Select three
You are the project manager for an outdoor concert event scheduled for one year from today. You're working on the procurement documents for the computer software program that will control the lighting and screen projections during the concert. You've decided to contract with a professional services company that specializes in writing custom software programs. You want to minimize the risk to the organization, so you'll opt for which contract type?
Select one
You are the project manager for an upcoming outdoor concert event. You're working on the procurement management plan for the computer software program that will control the lighting and screen projections during the concert. You're comparing the cost of purchasing a software product to the cost of your company programmers writing a custom software program. You are engaged in which of the following?
Select one
Which of the following are three characteristics of uncertainty according to the Agile Practice Guide (PMI®, 2017)?
Select three