100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
DBIA EXAMS 2024 (EXAM1,2 &3) QUESTIONS AND CORRECT ANSWERS VERIFIED BY EXPERTS|ACCURATE ACTUAL EXAM WITH FREQUENTLY TESTED QUESTIONS AND STUDY GUIDE| GUARANTEED PASS|ALREADY GRADED A+|LATEST UPDATE 2024/2025$24.29
Add to cart
DBIA EXAMS 2024 (EXAM1,2 &3) QUESTIONS AND CORRECT ANSWERS VERIFIED BY EXPERTS|ACCURATE ACTUAL EXAM WITH FREQUENTLY TESTED QUESTIONS AND STUDY GUIDE| GUARANTEED PASS|ALREADY GRADED A+|LATEST UPDATE 2024/2025
14 views 0 purchase
Course
DBIA
Institution
DBIA
DBIA EXAMS 2024 (EXAM1,2 &3) QUESTIONS AND
CORRECT ANSWERS VERIFIED BY EXPERTS|ACCURATE
ACTUAL EXAM WITH FREQUENTLY TESTED QUESTIONS
AND STUDY GUIDE| GUARANTEED PASS|ALREADY
GRADED A+|LATEST UPDATE 2024/2025
DBIA EXAMS 2024 (EXAM1,2 &3) QUESTIONS AND
CORRECT ANSWERS VERIFIED BY EXPERTS|ACCURATE
ACTUAL EXAM WITH FREQUENTLY TESTED QUESTIONS
AND STUDY GUIDE| GUARANTEED PASS|ALREADY
GRADED A+|LATEST UPDATE 2024/2025
Consequential Damages demonstrates the importance of Contractual ______. - CORRECT
ANSWER Waivers
Consequential Damages are distinct from "_____" Damages. - CORRECT ANSWER Direct
Direct Damages or Consequential Damages?
"Lost Profit on the project" - CORRECT ANSWER Direct Damages
Direct Damages or Consequential Damages?
"Cost or repair the damage to the project." - CORRECT ANSWER Direct Damages
Direct Damages or Consequential Damages?
"Rental of temporary generator to meet power needs on project" - CORRECT ANSWER Direct
Damages
Direct Damages or Consequential Damages?
"Lost profits on other projects" - CORRECT ANSWER Consequential Damages
Direct Damages or Consequential Damages?
"Loss of rental income from tenants." - CORRECT ANSWER Consequential Damages
Direct Damages or Consequential Damages?
"Damages to customers." - CORRECT ANSWER Consequential Damages
Direct Damages or Consequential Damages?
"Rental of temporary generator to provide power for the Owner to meet its customer's needs." -
CORRECT ANSWER Consequential Damages
,_____ Application: Owner needs to pay once for items negligently omitted. - CORRECT
ANSWER Practical
Limitations of liability can impact recovery.
True or False? - CORRECT ANSWER True
Even if professional negligence is proven, damages recoverable are impacted by the _____
_____. - CORRECT ANSWER Betterment Theory
Ordinary _____ _____ _____: Exercise of that skill and judgement which can reasonably be
expected from similarly situated professionals. - CORRECT ANSWER Standard of Care
Expert testimony is needed to prove the Standard of Care "_____" - CORRECT ANSWER
baseline
What are 2 examples of privity of contract needed to sue a party for economic losses? -
CORRECT ANSWER 1. delay damages
2. Cost to correct defects
Application is determined on a state-by-state basis (not valid in all states)
True or False? - CORRECT ANSWER True
The Economic Loss Doctrine is applicable to personal injury.
True or False. - CORRECT ANSWER False
The _____ has a professional standard of care. - CORRECT ANSWER Designer
The _____ has the duty to build what is in the plans and specs. - CORRECT ANSWER Builder
The _____ assumes risk of non-negligent design defects when it has separate contracts with the
builder and designer. - CORRECT ANSWER Owner
_____ _____: Provides the following implied warranties-- Plans and specs furnished are accurate
and are suitable for intended purpose. - CORRECT ANSWER Spearin Doctrine
The Spearin Doctrine is judicially recognized at both state and federal level.
True or False? - CORRECT ANSWER True
What case is this?
- State argued that Spearin did not apply to CMAR Contract.
,- Appellate court found that Spearin did apply to CMAR. - CORRECT ANSWER Coughlin
Electrical Contractors V. Gilbane (2015)
______ _____: Owner causes performance of work beyond scope of contract but does not
recognize contractor's entitlement to a change order. - CORRECT ANSWER Constructive
Changes
Owner causes performance of work beyond _____ _____ _____ but does not recognize
contractor's entitlement to a change order. - CORRECT ANSWER Scope of Contract
Which Constructive Changes Step is this?
"Contractor has time or cost impact for something it did not anticipate." - CORRECT ANSWER
Step 1
Which Constructive Changes Step is this?
"Files request for change order." - CORRECT ANSWER Step 2
Which Constructive Changes Step is this?
"Request is denied by owner." - CORRECT ANSWER Step 3
Which Constructive Changes Step is this?
"Contractor follows process in Changes Clause to submit its claim for relief." - CORRECT
ANSWER Step 4
- defective specifications (Spearin).
- Disputes over contract interpretation.
- Superior knowledge.
- Breach of implied duties of good faith, fair dealing, and cooperation.
- Constructive acceleration.
These are all types of _____ ______ - CORRECT ANSWER Constructive Changes
Resolution in disputes over contract interpretation typically involves looking at the requirement
through the eyes of a(n) _____ _____. - CORRECT ANSWER reasonable bidder.
Technical requirements are written perfectly and can be subject to different meanings to different
people.
True or False? - CORRECT ANSWER False
"never written perfectly"
, _____ _____ _____: what the parties do during the performance of this contract.
a.) Course of Performance
b.) Course of Conduct
c.) Terms of Art - CORRECT ANSWER a.) Course of Performance
_____ _____ _____: what the parties do during the performance of other similar contracts.
a.) Course of Performance
b.) Course of Conduct
c.) Terms of Art - CORRECT ANSWER b.) Course of Conduct
_____ _____ _____: the use of a word in a specific industry.
a.) Course of Performance
b.) Course of Conduct
c.) Terms of Art - CORRECT ANSWER c.) Terms of Art
- Failing to manage multiple prime contractors.
- Overzealous inspections.
- Using undue leverage in a negotiation position.
These are examples of breaches of _____ _____. - CORRECT ANSWER Implied Duties
_____ _____ risk is one of the major risks on projects. - CORRECT ANSWER Site Condition
Full knowledge of all site conditions is never known.
True or False? - CORRECT ANSWER True
Owners generally bear this risk of unforeseen site conditions through a(n) _____ ______ _____
clause. - CORRECT ANSWER Differing Site Conditions
_____ _____ _____: Subsurface or physical conditions at the site that differ materially from
those indicated in the CD - CORRECT ANSWER Differing Site Conditions
_____ _____ _____: Unknown physical conditions at the site, of an unusual nature that differ
materially from those ordinarily encountered and generally recognized as inhering in the work of
the character provided for in the contract. - CORRECT ANSWER Differing Site Conditions
_____ clauses frequently get in the way of efficient implementation of the DSC remedy. -
CORRECT ANSWER Exculpatory
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller DrMedinaReed. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $24.29. You're not tied to anything after your purchase.
