CET 440 Final Exam Review Questions
With Correct Answers
Contractors are resource managers, their most important resource is
equipment.
True or False? - ANSWER False (labor force is most important resource)
Once the Lawsuit is filed, direct communications between the disputing parties
are essentially brought to an end, with dialogue being confined to the:
a. Owner b. General contractor c. Lawyer d. Engineer - ANSWER c) Lawyer
In labor relation terms, the meaning of Minority Business Enterprise (MBE) is a
business that at least ________ owned and managed by minority group member.
a. 90% b. 70% c. 50% d. 30% - ANSWER c) 50%
For bid documents, usually the design plan set is included in Project Manual.
True or False - ANSWER False (design plan separate)
The fact-finding stage in the litigation, will assure both disputing parties that no
surprises are going to be presented in the:
a. Courtroom b. Job-site office c. Bid opening room d. Final inspection -
ANSWER a) Courtroom
In a conflict between the terms of the general contract and the subcontract
agreement, the more specific one, which is the subcontract agreement, will be
governed.
True or False - ANSWER True
In the international construction projects, the last payment is generally
authorized upon:
a. final completion b. substantial completion c. end of warranty period d. all of
the above - ANSWER b) substantial completion
Liquidated Damages is the charge in $/Day for the number of days the
contractor needs to finish a project beyond the contract award date.
, True or False - ANSWER False (liquidated damages applied when contractor
does not perform work within construction period)
All Changes that made by the owner or the contractor and impacts the contract
price and/or the contract time shall be formalized in _______.
a. an Addendum b. a small contract c. a Change Order d. the Bid package -
ANSWER c) Change order
In ethics management, moral often related to practices within a provision, while
ethics is related to a norm in a society.
True or False - ANSWER False (moral is related to norms)
Change Order is an adjustment made to the original contract and must satisfy all
the prerequisites of the original.
True or False - ANSWER True
If the contractor performs the work requested in the change order without
protesting, a later claim by the contactor that the change was cardinal will not
be accepted.
True or False - ANSWER False (should be addressed at the beginning)
Calendar days are preferred when time extension, such as those resulting from
adverse weather or owner-caused delays, are not generally anticipated.
True or False - ANSWER True
Patent defects continue to be the responsibility of the contractor even after the
acceptance of the project.
True or False - ANSWER False (once contract accepted patent defects no longer
responsibility)
Contractors generally do not have the right to file mechanic's lien when working
as a general contractor.
True or False - ANSWER False
As far as International Construction contracts, the US Firms have been most
successful in providing design services.
True or False - ANSWER True
With Correct Answers
Contractors are resource managers, their most important resource is
equipment.
True or False? - ANSWER False (labor force is most important resource)
Once the Lawsuit is filed, direct communications between the disputing parties
are essentially brought to an end, with dialogue being confined to the:
a. Owner b. General contractor c. Lawyer d. Engineer - ANSWER c) Lawyer
In labor relation terms, the meaning of Minority Business Enterprise (MBE) is a
business that at least ________ owned and managed by minority group member.
a. 90% b. 70% c. 50% d. 30% - ANSWER c) 50%
For bid documents, usually the design plan set is included in Project Manual.
True or False - ANSWER False (design plan separate)
The fact-finding stage in the litigation, will assure both disputing parties that no
surprises are going to be presented in the:
a. Courtroom b. Job-site office c. Bid opening room d. Final inspection -
ANSWER a) Courtroom
In a conflict between the terms of the general contract and the subcontract
agreement, the more specific one, which is the subcontract agreement, will be
governed.
True or False - ANSWER True
In the international construction projects, the last payment is generally
authorized upon:
a. final completion b. substantial completion c. end of warranty period d. all of
the above - ANSWER b) substantial completion
Liquidated Damages is the charge in $/Day for the number of days the
contractor needs to finish a project beyond the contract award date.
, True or False - ANSWER False (liquidated damages applied when contractor
does not perform work within construction period)
All Changes that made by the owner or the contractor and impacts the contract
price and/or the contract time shall be formalized in _______.
a. an Addendum b. a small contract c. a Change Order d. the Bid package -
ANSWER c) Change order
In ethics management, moral often related to practices within a provision, while
ethics is related to a norm in a society.
True or False - ANSWER False (moral is related to norms)
Change Order is an adjustment made to the original contract and must satisfy all
the prerequisites of the original.
True or False - ANSWER True
If the contractor performs the work requested in the change order without
protesting, a later claim by the contactor that the change was cardinal will not
be accepted.
True or False - ANSWER False (should be addressed at the beginning)
Calendar days are preferred when time extension, such as those resulting from
adverse weather or owner-caused delays, are not generally anticipated.
True or False - ANSWER True
Patent defects continue to be the responsibility of the contractor even after the
acceptance of the project.
True or False - ANSWER False (once contract accepted patent defects no longer
responsibility)
Contractors generally do not have the right to file mechanic's lien when working
as a general contractor.
True or False - ANSWER False
As far as International Construction contracts, the US Firms have been most
successful in providing design services.
True or False - ANSWER True
