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CMGT 3500 Final Exam ECU Fall Questions and Answers 2026 Update

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CMGT 3500 Final Exam ECU Fall Questions and Answers 2026 Update

Institution
CMGT 3500
Course
CMGT 3500

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CMGT 3500 Final Exam ECU Fall
Questions and Answers 2026 Update
Spearin Doctrine Defined - Correct Answers ✅Warranty
supplied by owner to contractor that if the contractor builds
according to plans and specs, a satisfactory product will
result. In other words, if the contractor follows the plans and
specs correctly, they are not responsible for the results.


Contract law and Tort law difference - Correct Answers
✅Contract Law supports and upholds the duties between
parties under contract, Tort law has no contract involved and
the duties are imposed by law.


Elements of a Contract - Correct Answers ✅Offer &
Acceptance
Meetings of the minds
Consideration
Lawful Subject Matter
Competent Parties


Contract Delivery Methods Defined - Correct Answers
✅Design-Bid Build
Design Build
Fast Track
Turn Key
BOT (build, operate, transfer)
DBOT (design, build, operate, transfer)

, CMGT 3500 Final Exam ECU Fall
Questions and Answers 2026 Update
DBOOT (design, build, own, operate, transfer)


What is a Contract/Lowest Responsive Responsible Bidder
Meaning - Correct Answers ✅Responsive-
meets all terms, conditions and specs of the bid. must do
what the bid documents say


Responsible-
where the bidder has overall capability to satisfactorily
perform the contract


Three Project Award Methods Defined - Correct Answers ✅-
Competitive bidding: Open or selective (can be used by both
public or private owners)
-Negotiation: Mostly used in private projects, very seldom
used in publicly owned
-Direct assignment: Mostly used in private projects


Three reasons for owner to issue addenda to bid documents -
Correct Answers ✅- Making owner initiated changes
- Correction of errors or discrepancies in specs. Errors in
drawings are corrected through an updated revision of the
drawings.
- Additions, deletions, or modification of products to include.

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Institution
CMGT 3500
Course
CMGT 3500

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