CON 1100V - Final Exam (Latest Update ) questions and Verified Answers 100- Correct

CON 1100V - Final Exam (Latest Update
) questions and Verified
Answers 100% Correct

Which of the following types of authority usually includes authority to do what is usual,

customary, and necessary to accomplish an action?



Situational authority

Express actual authority

Implied actual authority

Apparent authority - correct answer Implied actual authority



Which Federal Acquisition Regulation (FAR) part states that market research is

required?



FAR part 10

FAR part 45

FAR part 15

FAR part 18 - correct answer FAR part 10



Which of the following is considered an essential element of a contract?

, Mutual exclusivity

Business acumen

Consideration

Usability framework - correct answer Consideration



Which essential element of a contract states that a contract cannot be enforced if any

term of the agreement is against the law?



Legal competence or capacity

Lawful purpose

Mutual assent

Consideration - correct answer Lawful purpose



Which of the following is NOT an essential element of a contract?



Capacity

Mutual assent

Permission

Lawful purpose - correct answer Permission



Which of the following types of authority is NOT recognized by the courts as applicable

to the government?