Exam (elaborations)
CET 440 Final Exam Review(updated)questions n answers
- Course
- Institution
CET 440 Final Exam Review(updated)questions n answers
[Show more]
Content preview
CET 440 Final ExamReview(updated)questions n answers
Contractors are resource managers; their most important resource is equipment.
True or False? - correct answer ✔✔False (labor force is most important resource)
Once the Lawsuit is filed, direct communications between the disputing parties are essentially brought to
an end, with dialogue being confined to the:
a. Owner b. General contractor c. Lawyer d. Engineer - correct answer ✔✔c) Lawyer
In labor relation terms, the meaning of Minority Business Enterprise (MBE) is a business that at least
________ owned and managed by minority group member.
a. 90% b. 70% c. 50% d. 30% - correct answer ✔✔c) 50%
For bid documents, usually the design plan set is included in Project Manual.
True or False - correct answer ✔✔False (design plan separate)
The fact-finding stage in the litigation, will assure both disputing parties that no surprises are going to be
presented in the:
a. Courtroom b. Job-site office c. Bid opening room d. Final inspection - correct answer ✔✔a) Courtroom
In a conflict between the terms of the general contract and the subcontract agreement, the more
specific one, which is the subcontract agreement, will be governed.
, True or False - correct answer ✔✔True
In the international construction projects, the last payment is generally authorized upon:
a. final completion b. substantial completion c. end of warranty period d. all of the above - correct
answer ✔✔b) substantial completion
Liquidated Damages is the charge in $/Day for the number of days the contractor needs to finish a
project beyond the contract award date.
True or False - correct answer ✔✔False (liquidated damages applied when contractor does not perform
work within construction period)
All Changes that made by the owner or the contractor and impacts the contract price and/or the
contract time shall be formalized in _______.
a. an Addendum b. a small contract c. a Change Order d. the Bid package - correct answer ✔✔c) Change
order
In ethics management, moral often related to practices within a provision, while ethics is related to a
norm in a society.
True or False - correct answer ✔✔False (moral is related to norms)
Change Order is an adjustment made to the original contract and must satisfy all the prerequisites of the
original.
True or False - correct answer ✔✔True
If the contractor performs the work requested in the change order without protesting, a later claim by
the contactor that the change was cardinal will not be accepted.
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 BravelRadon. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72042 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now