DBIA EXAM 3 LATEST 2023-2024 ACTUAL EXAM 200
QUESTIONS AND CORRECT DETAILED ANSWERS
WITH RATIONALES (VERIFIED ANSWERS) |ALREADY
GRADED A+
What 3 categories are the Best Practices organized into? - answer-1. Procurement
2. Contracting
3. Execution
If these Best Practices are NOT implemented, there is an increased _____ that the project's performance
will be _____ and that some or all of the stakeholders will be _____. - answer-- probability
- compromised
- disappointed.
_____ and _____ contracts are fundamental to any delivery process. - answer-- Fair
- Clear
Contracting principles apply to contracts of those working within the _____ _____ - answer-DB Team
This chapter has ___ Best Practices and ___ Implementing Techniques. - answer-- 3
- 18
Contracts used on DB projects should be _____, _____, and _____ and should promote the _____
aspects inherent in the DB process. - answer-- fair
- balanced
- clear
- collaborative
,The contract between the _____ and the ______ _____ should address the _____ aspects of the DB
process, including expected standards of care for design services. - answer-- Owner
- Design-Builder
- unique
The contracts between the _____ _____ and _____ _____ should address the _____ aspects of the DB
process. - answer-- Design-Builder
- Team Members
- unique
Design-Build Done Right is the _____ of every DBIA certification course! - answer-core
What are the 4 types of law? - answer-1. Contract Law
2. Tort Law
3. Statutes and regulations
4. Common Law
_____ Law is based on the use of precedent. - answer-Common
Arbitration and mediation results don't provide direct _____. - answer-precedent
_____: a party offers to contract with one another. - answer-Offer
_____: a party accepts the other party's offer. - answer-Acceptance
_____: value exchanged for performance. - answer-Consideration
_____: the party making the contract must be legally able to do so - answer-Capacity
, _____: the individual forming the contract must have authority to do so - answer-Authority
What are the 5 requirements for a valid contract? - answer-1. Offer
2. Acceptance
3. Consideration
4. Capacity
5. Authority
Offers must demonstrate an expression of _____ to contract on certain terms. - answer-willingness
The response to an RFP is an example of a(n) _____. - answer-Offer
What 2 things can nullify an offer? - answer-1. Varying/additional terms
2. Counteroffers
Oral contracts can be valid.
True or False? - answer-True
Oral contracts can be valid on what 2 requirements? - answer-1. Material terms of contract are clearly
established.
2. Parties demonstrate intention to be bound by those material terms
_____ ______ contracting rule makes it very difficult to create an Oral contract. - answer-Public Sector
_____ _____ _____ mandates that certain types of contracts be written. - answer-Statute of Frauds
What is an example of a contract that the Statute of Frauds mandates to be written? - answer-contracts
that are impossible to complete within one year
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