U06 Contract Principles
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What are the two main types of terminations for non-commercial contracts? - Answer:
, Strategic market research is - Answer: conducted continuously throughout the acquisition process. It
may even take place before a known requirement exists and continue after it ends.
The first essential element is capacity - Answer: Capacity refers to the legal competence of a person to
enter a valid contract.
Can Market research can be strategic or tactical or both. - Answer: True
There are two types of authority: - Answer: Actual Authority and Apparent Authority.
Actual authority can be either - Answer: Express Actual Authority or Implied Actual Authority.
Express Actual Authority - Answer: is created by explicit language, either in writing or verbal. It should
be noted that the spoken word is generally as binding as the written word; however it is sometimes
more difficult to prove.
Implied Actual Authority - Answer: is usually defined in general terms to include authority to do what is
usual, customary and necessary to accomplish the action. Implied actual authority differs from express
actual authority in that no express agreement is executed (e.g., when an individual is assigned a task to
accomplish but the minor details are not spelled out either verbally or in writing, this is an example of
implied actual authority).
Apparent Authority - Answer: exists when someone reasonably believes an individual has the authority
to act on behalf of the Government, based on his or her conduct, even though that individual has no
actual authority to bind the Government.
Delegation of Authority - Answer: FAR Conventions listed at FAR 1.108(b) provides guidance for
interpreting the FAR and states that each authority is delegable unless specifically stated otherwise (FAR
1.108(b)).
Comprehensive Questions and
Complete Solutions Graded A+
Professional Academic Assistance Services
Services Offered
• Proctored Exam Assistance
• Online Class Management (Full Course Support)
• Exam Preparation & Study Materials
• Assignments and Coursework Support
• Essay and Research Paper Writing
• Discussion Posts & Responses
• Editing and Proofreading
• Confidential Academic Consultation
Contact Information
Email:
WhatsApp link: https://wa.me/254704846336
Fast Response | Confidential | Reliable Academic
Support
Helping Students Achieve Academic Excellence
What are the two main types of terminations for non-commercial contracts? - Answer:
, Strategic market research is - Answer: conducted continuously throughout the acquisition process. It
may even take place before a known requirement exists and continue after it ends.
The first essential element is capacity - Answer: Capacity refers to the legal competence of a person to
enter a valid contract.
Can Market research can be strategic or tactical or both. - Answer: True
There are two types of authority: - Answer: Actual Authority and Apparent Authority.
Actual authority can be either - Answer: Express Actual Authority or Implied Actual Authority.
Express Actual Authority - Answer: is created by explicit language, either in writing or verbal. It should
be noted that the spoken word is generally as binding as the written word; however it is sometimes
more difficult to prove.
Implied Actual Authority - Answer: is usually defined in general terms to include authority to do what is
usual, customary and necessary to accomplish the action. Implied actual authority differs from express
actual authority in that no express agreement is executed (e.g., when an individual is assigned a task to
accomplish but the minor details are not spelled out either verbally or in writing, this is an example of
implied actual authority).
Apparent Authority - Answer: exists when someone reasonably believes an individual has the authority
to act on behalf of the Government, based on his or her conduct, even though that individual has no
actual authority to bind the Government.
Delegation of Authority - Answer: FAR Conventions listed at FAR 1.108(b) provides guidance for
interpreting the FAR and states that each authority is delegable unless specifically stated otherwise (FAR
1.108(b)).
