QUESTION 5-CET 440 CONTRACT DOCUMENTS: Under the separate contracts method of contracting, there is no general...
QUESTION 5-CET 440 CONTRACT DOCUMENTS:
Under the separate contracts method of contracting, there is no general contractor.
True
False
Homework Answers
Direct answer for this question. We follow general contracting in contract methods. Therefore the above statements True.
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QUESTION 5-CET 440 CONTRACT DOCUMENTS:
Under the separate contracts method of contracting, there is no
general...
Cet 440 QUESTION 15 which construction contract method BETTER lends itself to fast-tracking? Design-Bid Build o...
Cet
440
QUESTION 15 which construction contract method BETTER lends itself to fast-tracking? Design-Bid Build o Separate QUESTION 16 Most contracts allow the general contractor to bill for retainage once which stage of construction has been achleved? Substantial completion Final completion oStatute of limitations 50% completion o 3 5 6
34. A general change is one that is beyond the general scope of the contract and...
34. A general change is one that is beyond the general scope of the contract and thus cannot be ordered by the contracting officer under the contract's changes clause. a. true b. false
QUESTION 8 Which of the following occurs when a contracting party refuses to complete the contract...
QUESTION 8 Which of the following occurs when a contracting party refuses to complete the contract before the actual time of performance? a. Preemptive repudiation b. Anticipatory repudiation c. Advance refusal d. Advance repudiation e. Preparatory refusal 1 points QUESTION 9 Completion of all of the terms of a contract is required for substantial performance. True False
Question 14 Which of the following statements is false? Tying contracts are forbidden under the Clayton Act The Clayton Act prohibits interlocking stockholding The Clayton Act repealed the main provi...
Question 14 Which of the following statements is false? Tying contracts are forbidden under the Clayton Act The Clayton Act prohibits interlocking stockholding The Clayton Act repealed the main provisions of the Sherman Act. The Clayton Act was an important anti-trust law passed in 1914 Question 15 If a producer forces a retailer into a contract that prohibits the retailer from selling the producer's competitor's products, this is an example of a horizontal contract exclusive dealings a tying contract. bundling...
4. The Owner's ability to influence design and cost is highest at the construction phase. a....
4. The Owner's ability to influence design and cost is highest at the construction phase. a. True b. False 5. The conceptual estimate is useful in the schematic design phase when design details are not available. a. True b. False 6. A Cost-Plus contract is considered a reimbursable type of contract. c. True d. False 7. An advantage of a Lump Sum Contract is that the owner assumes the risk of construction cost. e. True f. False 8. A Design-Bid-Build...
The premium paid on an option contract (either a put or a call) represents the compensation...
The premium paid on an option contract (either a put or a call) represents the compensation the buyer of the option receives from the seller (writer) of the option for the ability to use the option if it becomes profitable. If the buyer of the option does not use the option before expiration, this premium must be returned back to the seller (writer) at the time the option expires. True False 2 points QUESTION 3 On the day of...
question #51 Under the perlodic Inventory method, If ending Inventory is understated, then assets will be...
question #51 Under the perlodic Inventory method, If ending Inventory is understated, then assets will be overstated. True or False True False
Question 5 1 pts Under corporate law, dividends must be paid to owners of stock of...
Question 5 1 pts Under corporate law, dividends must be paid to owners of stock of a corporation on an annual basis. True O False Question 6 1 pts A general partnership may be created for a term or at will. True False
5. (True/False). Under the UCC, if certain contract terms, such as price or time of delivery...
5. (True/False). Under the UCC, if certain contract terms, such as price or time of delivery are left open, it is not acceptable to fill in these terms. 6. (True/False). The "mirror image rule" is a UCC principle which provides that the acceptance of an offer must be on identical terms to the offer. 7. This rule is a legal rule/concept that provides that the written sales contract is the final expression of the parties' agreement and neither party can...
QUESTION 5 With regard to the element of reliance in a fraud claim, which of the...
QUESTION 5 With regard to the element of reliance in a fraud claim, which of the following is NOT true? a. If the claim in issue was very outrageous and extravagant, the innocent party will have a harder time showing his or her reliance was justifiable. b. The reliance must have been justifiable. c. The innocent party does not have to prove he or she relied on the false fact; it is assumed because the fact is false. d. The...
Cet
440
QUESTION 15 which construction contract method BETTER lends itself to fast-tracking? Design-Bid Build o Separate QUESTION 16 Most contracts allow the general contractor to bill for retainage once which stage of construction has been achleved? Substantial completion Final completion oStatute of limitations 50% completion o 3 5 6
Question 14 Which of the following statements is false? Tying contracts are forbidden under the Clayton Act The Clayton Act prohibits interlocking stockholding The Clayton Act repealed the main provisions of the Sherman Act. The Clayton Act was an important anti-trust law passed in 1914 Question 15 If a producer forces a retailer into a contract that prohibits the retailer from selling the producer's competitor's products, this is an example of a horizontal contract exclusive dealings a tying contract. bundling...
4. The Owner's ability to influence design and cost is highest at the construction phase. a. True b. False 5. The conceptual estimate is useful in the schematic design phase when design details are not available. a. True b. False 6. A Cost-Plus contract is considered a reimbursable type of contract. c. True d. False 7. An advantage of a Lump Sum Contract is that the owner assumes the risk of construction cost. e. True f. False 8. A Design-Bid-Build...
question #51 Under the perlodic Inventory method, If ending Inventory is understated, then assets will be overstated. True or False True False
Question 5 1 pts Under corporate law, dividends must be paid to owners of stock of a corporation on an annual basis. True O False Question 6 1 pts A general partnership may be created for a term or at will. True False
5. (True/False). Under the UCC, if certain contract terms, such as price or time of delivery are left open, it is not acceptable to fill in these terms. 6. (True/False). The "mirror image rule" is a UCC principle which provides that the acceptance of an offer must be on identical terms to the offer. 7. This rule is a legal rule/concept that provides that the written sales contract is the final expression of the parties' agreement and neither party can...
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