CMCA TEST BANK FULL SOLUTION VERIFIED QUESTIONS AND ANSWERS GUARANTEED TO PASS

CMCA TEST BANK FULL SOLUTION
VERIFIED QUESTIONS AND ANSWERS
GUARANTEED TO PASS

●● Legal review prior to executing a contract will assist the association
in the event that:
A. A subcontractor is used.
B. A performance bond is required.
C. There is a budgetary shortfall.
D. The board has questions or concerns.
Answer: D


●● Rather than describing the scope of work in detail in the contract, a
manager may:
A. Attach the bid specifications.
B. Call each contractor to describe the job.
C. Be on-site to oversee project content.
D. Suggest the board meet the contractor to talk about the scope of work.
Answer: A


●● In older condominiums, an association should have what type of
contract covering mechanical equipment?

, A. Time and materials
B. Specific repair
C.Service
D. Preventative maintenance
Answer: D


●● For which project would a board most likely want to use a consultant
to help develop bid specifications?
A.Landscape renovation project
B. Repairing and/or replacing roofs
C. Painting the interior of lobbies and hallways
D. Repairing HVAC and boilers
Answer: B


●● In what type of contract would a waiver of lien be recommended?
A. Repair of the HVAC system
B.Re-roofing the buildings
C. Repair of the pool pump
D. Annual tree pruning
Answer: B


●● In terms of compensation , a contract should state: