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1. What 3 categories are the Best Practices organized into? - Correct Answer:
1. Procurement
2. Contracting
3. Execution
2. If these Best Practices are NOT implemented, there is an increased _____ that
the project's performance will be _____ and that some or all of the stakeholders
will be _____. - Correct Answer: - probability
- compromised
- disappointed.
3. _____ and _____ contracts are fundamental to any delivery process.
- Correct Answer: - Fair
- Clear
4. Contracting principles apply to contracts of those working within the _____
_____ - Correct Answer: DB Team
,5. This chapter has ___ Best Practices and ___ Implementing Techniques.
- Correct Answer: - 3
- 18
6. Contracts used on DB projects should be _____, _____, and _____ and should
promote the _____ aspects inherent in the DB process. - Correct Answer: - fair
- balanced
- clear
- collaborative
7. The contract between the _____ and the ______ _____ should address the
_____ aspects of the DB process, including expected standards of care for design
services. - Correct Answer: - Owner
- Design-Builder
- unique
8. The contracts between the _____ _____ and _____ _____ should address the
_____ aspects of the DB process. - Correct Answer: - Design-Builder
- Team Members
- unique
9. Design-Build Done Right is the _____ of every DBIA certification course! -
Correct Answer: core
,10. What are the 4 types of law? - Correct Answer: 1. Contract Law
2. Tort Law
3. Statutes and regulations
4. Common Law
11. _____ Law is based on the use of precedent. - Correct Answer: Common
12. Arbitration and mediation results don't provide direct _____. - Correct
Answer: precedent
13. _____: a party offers to contract with one another. - Correct Answer: Offer
14. _____: a party accepts the other party's offer. - Correct Answer:
Acceptance
15. _____: value exchanged for performance. - Correct Answer: Consideration
16. _____: the party making the contract must be legally able to do so -
Correct Answer: Capacity
17. _____: the individual forming the contract must have authority to do so -
Correct Answer: Authority
, 18. What are the 5 requirements for a valid contract? - Correct Answer: 1.
Offer
2. Acceptance
3. Consideration
4. Capacity
5. Authority
19. Offers must demonstrate an expression of _____ to contract on certain terms.
- Correct Answer: willingness
20. The response to an RFP is an example of a(n) _____. - Correct Answer:
Offer
21. What 2 things can nullify an offer? - Correct Answer: 1. Varying/additional
terms
2. Counteroffers
22. Oral contracts can be valid.
True or False? - Correct Answer: True
23. Oral contracts can be valid on what 2 requirements? - Correct Answer: 1.
Material terms of contract are clearly established.
2. Parties demonstrate intention to be bound by those material terms