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CON 3900 Exam Questions With Complete Answers.
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CON 3900 Exam Questions With Complete Answers.
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CON 3900Exam
Questions
With
Complete
Answers.
,Express bActual bAuthority: b- b(CORRECT bANSWER)-Authority bexplicitly bgiven bto bthe bagent
b through bthe bprincipal's bwritten bor boral binstructions
Implied bActual bAuthority: b- b(CORRECT bANSWER)-authority bto bdo bwhat bis busual,
b customary band bnecessary bto baccomplish bthe baction. bNo bexpress bagreement
Apparent bAuthority: b- b(CORRECT bANSWER)-someone breasonably bbelieves ban bindividual
b has bthe bauthority bto bact bon bthe bbehalf bof bthe bgovernment
Delegation bof bauthority: b- b(CORRECT bANSWER)-he bFAR band bstates bthat beach bauthority bis
b delegable bunless bspecifically bstated botherwise b(FAR b1.108(b)).
contract: b- b(CORRECT bANSWER)-mutually bbinding blegal brelationship bobligating bthe bseller
b to bfurnish bthe bsupplies bor bservices b(including bconstruction) band bthe bbuyer bto bpay bfor
b them bin bwriting
Mutual bAssent: b- b(CORRECT bANSWER)-meeting bof bthe bminds. bparties binvolved bin ba
b contract bmust bcome bto ban bagreement babout bthe bdetails bof bthe btransaction band beach bparty
b either bmakes ba bpromise bor bbegins bor brenders bperformance.
Capacity: b- b(CORRECT bANSWER)-refers bto bthe blegal bcompetence bof ba bperson bto benter ba
b valid bcontract.
,Consideration: b- b(CORRECT bANSWER)-something bof bvalue bthat ba bpromisor b(the bofferor)
b receives bfrom ba bpromisee b(the bofferee) bin breturn bfor bhis bor bher boffer.
Lawful bPurpose: b- b(CORRECT bANSWER)-the bcontract bmust bnot bbe bfor ban bunlawful
b purpose bor bcontrary bto bpublic bpolicy
Essential belements bof ba bcontract: b- b(CORRECT bANSWER)-Capacity b
Mutual bassent b
Consideration b
Lawful bpurpose
FAR bpart b10: b- b(CORRECT bANSWER)-market bresearch
Market bresearch: b- b(CORRECT bANSWER)-the bprocess bused bto bdetermine bif bindustry bcan
b support bthe bacquisition b"needs" bof bthe bGovernment. ba bcontinuous bprocess bfor bgathering
b and banalyzing binformation babout bproducts band bservices bthat bare bavailable bin
b marketplace.
Market bresearch bis bconducted bto bdetermine: b- b(CORRECT bANSWER)-if bcommercial
b products/services bor bnon-developmental bitems bare bavailable bto bmeet bthe bGovernment's
b needs bor bcould bbe bmodified bto bmeet bthe bGovernment's bneeds b(FAR10.002(b)).
, Strategic bmarket bresearch: b- b(CORRECT bANSWER)-continuous. boverall bmarket
b developments, btrends band bcapabilities. b
An bexample bof bstrategic bresearch bis battending ba btrade bshow bfor ba bspecific bindustry.
Tactical bMarket: b- b(CORRECT bANSWER)-conducted bat bspecific bpoints bduring bthe
b acquisition bprocess. bprovides ba bdeeper bunderstanding bof bthe bmarket band banswer bspecific
b questions babout bthe bcapabilities, bproducts bor bservices bavailable bin bthe bmarket.
Market bresearch bcan bbe: b- b(CORRECT bANSWER)-Strategic bor bTactical
The bCompetition bin bContracting bAct bof b1984, b(CICA): b- b(CORRECT bANSWER)-Generally,
b unless ban bexception bapplies bor bis botherwise bexpressly bauthorized bby bstatute, bContracting
b Officers bshall bpromote band bprovide bfor bfull band bopen bcompetition bin bsoliciting boffers band
b awarding bGovernment bcontracts.
Competitive bProcedures: b- b(CORRECT bANSWER)-Sealed bbids.
Competitive bproposals
Combination bof bcompetitive bprocedures.(e.g., btwo-step bsealed bbidding).
Other bcompetitive bprocedures
Full band bOpen bCompetition: b- b(CORRECT bANSWER)-With bcertain blimited bexceptions
b contracting bofficers bshall bpromote band bprovide bfor bfull band bopen bcompetition bin
b soliciting boffers band bawarding bGovernment bcontracts
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