NJ QPA Exam 2021 UPDATED Exam Questions
(2025) Complete Exam Questions and Answers |
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Terms in this set (117)
states that local governments do not have any
Dillion's Rule (1868) inherent sovereignty and instead must be authorized
by state governments that can create or abolish them
Local government is a matter of absolute right and
Cooley Doctrine
the state may not take it away.
Forms of NJ Municipal Boroughs, Commissions, Municipal Mgr, Town,
Government Township, Village, and Cities. Optional Faulkner Act.
State and cities are required to adhere to Federal
What is 'common rule'?
laws. Must do the stricter of the them.
a. to simplify, clarify and modernize the law governing
The purpose of the commercial transaction; b. to permit the continued
Uniform Commercial expansion of commercial practices through custom,
Code: usage and agreement of the parties; and c. to make
uniform the law among the various jurisdictions.
The battle of the forms generally refers to the
situation where buyers send out purchase orders and
What is the 'Battle of the
sellers respond with sales acknowledgement forms
forms'?
but, although the fronts of the documents basically
match up, the backs are fundamentally different.
, The seller warrants that the title being conveyed is
warranty of title
good and that the transfer is lawful.
Expressed Warranty an oral or written statement by the seller
Implied Warranty of Seller is aware of the purpose of the need of buyer
Fitness for a Particular and that the buyer expects those goods to meet that
Purpose need.
1. Express Authority - Public Purchasing must be in
writing. 2. Implied Authority - Unstated but necessary
3 Ways agents are given
to perform one's duty for an employer. 3. Apparent
authority
Authority - Supplier believes authority exists and is
not told otherwise.
Is either expressed or implied. It is promise(s) that the
Nature of Contract Law of Contracts recognizes and a remedy is available
for breach.
Any agreement, written (PO)or otherwise, that is
Basic characteristics of a
legally binding, in which a vendor is providing goods
contract
or services in exchange for compensation.
Four elements must be 1. Capable parties 2. Mutual Consent 3. Lawful
present in any contractual Objective 4. Sufficient reason to contract
situation (consideration)
To form a contract there 1. Offer 2. Acceptance 3. Consideration
must the following:
Guarantee is to reduce buyer's sense of risk. Warranty
Contract Conditions.
is a promise of certain quality and conform to certain
Define Guarantee and
standards. To protect buyer from poor workmanship
Warranty
and defects.
1. Firm Fixed Pricing 2. Agreement with Escalation
Types of Contracts Provisions 3. Open Ended 4. Lease 5. Lease with an
option to purchase 6. Time and Material
1. Competitive Contracting 2. Proprietary 3.
Methods of selecting
Competitive Quote 4. Emergency Contract
vendors
5.Competitive Sealed Bidding
(2025) Complete Exam Questions and Answers |
already graded A+
Save
Terms in this set (117)
states that local governments do not have any
Dillion's Rule (1868) inherent sovereignty and instead must be authorized
by state governments that can create or abolish them
Local government is a matter of absolute right and
Cooley Doctrine
the state may not take it away.
Forms of NJ Municipal Boroughs, Commissions, Municipal Mgr, Town,
Government Township, Village, and Cities. Optional Faulkner Act.
State and cities are required to adhere to Federal
What is 'common rule'?
laws. Must do the stricter of the them.
a. to simplify, clarify and modernize the law governing
The purpose of the commercial transaction; b. to permit the continued
Uniform Commercial expansion of commercial practices through custom,
Code: usage and agreement of the parties; and c. to make
uniform the law among the various jurisdictions.
The battle of the forms generally refers to the
situation where buyers send out purchase orders and
What is the 'Battle of the
sellers respond with sales acknowledgement forms
forms'?
but, although the fronts of the documents basically
match up, the backs are fundamentally different.
, The seller warrants that the title being conveyed is
warranty of title
good and that the transfer is lawful.
Expressed Warranty an oral or written statement by the seller
Implied Warranty of Seller is aware of the purpose of the need of buyer
Fitness for a Particular and that the buyer expects those goods to meet that
Purpose need.
1. Express Authority - Public Purchasing must be in
writing. 2. Implied Authority - Unstated but necessary
3 Ways agents are given
to perform one's duty for an employer. 3. Apparent
authority
Authority - Supplier believes authority exists and is
not told otherwise.
Is either expressed or implied. It is promise(s) that the
Nature of Contract Law of Contracts recognizes and a remedy is available
for breach.
Any agreement, written (PO)or otherwise, that is
Basic characteristics of a
legally binding, in which a vendor is providing goods
contract
or services in exchange for compensation.
Four elements must be 1. Capable parties 2. Mutual Consent 3. Lawful
present in any contractual Objective 4. Sufficient reason to contract
situation (consideration)
To form a contract there 1. Offer 2. Acceptance 3. Consideration
must the following:
Guarantee is to reduce buyer's sense of risk. Warranty
Contract Conditions.
is a promise of certain quality and conform to certain
Define Guarantee and
standards. To protect buyer from poor workmanship
Warranty
and defects.
1. Firm Fixed Pricing 2. Agreement with Escalation
Types of Contracts Provisions 3. Open Ended 4. Lease 5. Lease with an
option to purchase 6. Time and Material
1. Competitive Contracting 2. Proprietary 3.
Methods of selecting
Competitive Quote 4. Emergency Contract
vendors
5.Competitive Sealed Bidding
