Now NASCLA Contractor's Guide, NASCLA Contractors Guide correctly answered
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Course
Nascla
Institution
Nascla
Now NASCLA Contractor's Guide, NASCLA Contractors Guide correctly answered3 elements of a business plan - correct answer -cover page
-executive summary
-company summary
-products and services
-market analysis
-marketing strategy
-financial plan
advantages of sole proprietorship - correct a...
-dissolution of the business on the even of the owner's death
who has limited liability in the company? - correct answer ✔✔limited partners
advantages of a general partnership - correct answer ✔✔-ease of formation
-direct profit rewards
-larger management base than that of a sole proprietorship
, disadvantages of a general partnership - correct answer ✔✔-unlimited personal liability of general
partners
-multiple decision makers
-limited life of the business
-changes of partners or partnership agreement may be difficult
-partnership dissolves in the event of the death of a general partner
bid documents - correct answer ✔✔-invitation to bid
-bid instructions
-bid forms
-supplements
what is an invitation to bid - correct answer ✔✔gives a brief overview of the project, deadlines, and
general requirements
bid instructions - correct answer ✔✔contain specifics of how the bis should be completed and submitted
bid forms - correct answer ✔✔bid sheet
bid schedule
bidder's questionnaire on the experience
financial responsibility and capability
copy of the contract
supplements - correct answer ✔✔includes all items important to the overall bid process such as
property and soil analysis
what is the estimating checklist helpful for? - correct answer ✔✔when setting up your estimating
framework to make sure that you have accounted for all materials and labor
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