AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED A
SWERS) |ALREADY GRADED A+
Study online at https://quizlet.com/_fxbrl9
1. What 3 categories are the Best Practices organized 1. Procurement
into? 2. Contracting
3. Execution
2. If these Best Practices are NOT implemented, there - probability
is an increased that the project's performance - compromised
will be and that some or all of the stakeholders - disappointed.
will be .
3. and contracts are fundamental to any - Fair
delivery process. - Clear
4. Contracting principles apply to contracts of those DB Team
working within the
5. This chapter has Best Practices and Imple- -3
menting Techniques.
- 18
6. Contracts used on DB projects should be , - fair
, and and should promote the as- - balanced
pects inherent in the DB process. - clear
- collaborative
7. The contract between the and the - Owner
should address the aspects of the DB process, - Design-Builder
including expected standards of care for design ser- - unique
vices.
8. The contracts between the and - Design-Builder
should address the aspects of the DB - Team Members
process. - unique
9. Design-Build Done Right is the of every DBIA core
certification course!
10. What are the 4 types of law? 1. Contract Law
2. Tort Law
, DBIA EXAM 3 LATEST 2024-2025 ACTUAL EXAM 200 QUESTIONS
AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED A
SWERS) |ALREADY GRADED A+
Study online at https://quizlet.com/_fxbrl9
3. Statutes and
regulations
4. Common Law
11. Law is based on the use of precedent. Common
12. Arbitration and mediation results don't provide direct precedent
.
13. : a party offers to contract with one another. Offer
14. : a party accepts the other party's offer. Acceptance
15. : value exchanged for performance. Consideration
16. : the party making the contract must be legally Capacity
able to do so
17. : the individual forming the contract must have Authority
authority to do so
18. What are the 5 requirements for a valid contract? 1. Offer
2. Acceptance
3. Consideration
4. Capacity
5. Authority
19. Offers must demonstrate an expression of to willingness
contract on certain terms.
20. The response to an RFP is an example of a(n) . Offer
21. What 2 things can nullify an offer? 1. Varying/addi-
tional terms
2. Counteroffers
22. Oral contracts can be valid. True
True or False?
, DBIA EXAM 3 LATEST 2024-2025 ACTUAL EXAM 200 QUESTIONS
AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED A
SWERS) |ALREADY GRADED A+
Study online at https://quizlet.com/_fxbrl9
23. Oral contracts can be valid on what 2 requirements? 1. Material terms
of contract are
clearly estab-
lished.
2. Parties demon-
strate intention to
be bound by those
material terms
24. contracting rule makes it very difficult Public Sector
to create an Oral contract.
25. mandates that certain types of Statute of Frauds
contracts be written.
26. What is an example of a contract that the Statute of contracts that
Frauds mandates to be written? are impossible to
complete within
one year
27. "Where a contract does not fix a definite price, there ascertaining
must be a definite method for it."
28. What case is this? Trident V. Austin
(2003)
- NAVFAC project.
- Party's $5.2 million price used by other party in bid,
but the project is awarded to other.
- Statute of Frauds found applicable.
29. Contracts created by conduct that is contrary to pub- unenforceable
lic sector are .
enforceable or unenforceable?
30.