Nascla 3 law - Study guides, Class notes & Summaries
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Business, Law & Project Management (NASCLA) Questions and Answers (Graded A)
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Business, Law & Project Management (NASCLA) Questions and Answers (Graded A)Business, Law & Project Management (NASCLA) Questions and Answers (Graded A)Business, Law & Project Management (NASCLA) Questions and Answers (Graded A) 
 
Be familiar with the elements of a business plan - ANSWER-1-1 to 1-3. 
 
Know the advantages and disadvantages of the different types of business structures - ANSWER-2-1 to 2-7 
 
A Limited Partners Liability (Partnership) is limited to the amount they invested. A maj...
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NASCLA Business, Law and Project Management (Basic) - Practice Test
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NASCLA Business, Law and Project Management (Basic) - Practice Test 
 
 
 
 
 
 
 
1.	The	method recognizes income when the employer has done the work but has not received the income. 
 
A.	Accrual 
B.	Appreciation 
C.	Depreciation 
D.	Cash: Accrual 
 
13-7 
2.	A	bundles all cost factors for entire task. 
 
A.	Lump sum 
B.	Cost plus 
C.	Percent completion method 
D.	Unit price method: Unit price method 
 
6-7 
3.	 	requires
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NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Test Questions And Answers | Latest Update 2024/2025 (GRADED)
- Exam (elaborations) • 37 pages • 2024
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NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Test Questions And Answers | Latest Update 2024/2025 (GRADED) Which of the following bonds guarantees that the 
contractor has paid the subcontractor? 
A. Bid bond 
B. Performance bond 
C. Payment bond 
D. James bond - Correct Answer-Payment Bond 
2. The _____________ method recognizes income when the 
employer has done the work, yet has not 
received the income. 
NASCLA Contractor's Guide To Business, Law,...
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NASCLA Business, Law and Project Management, Test 2 Questions With 100% Correct Answers | Latest Update 2024/2025 | Graded.
- Exam (elaborations) • 28 pages • 2024
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NASCLA Business, Law and Project Management, Test 2 Questions With 100% Correct Answers | Latest Update 2024/2025 | Graded. The _____ method recognizes income when the employer has 
done the work but has not received the income. 
A. Accrual 
B. Appreciation 
C. Depreciation 
D. Cash - Correct Answer-A. Accrual 
13-7 
A _____ bundles all cost factors for entire task. 
A. Lump sum 
B. Cost plus 
C. Percent completion method 
D. Unit price method - Correct Answer-D. Unit price method 
NASCLA Busine...
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NASCLA Business, Law and Project Management, Test 2 Questions With 100% Correct Answers | Latest Update 2024/2025 | Graded A+.
- Exam (elaborations) • 28 pages • 2024
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NASCLA Business, Law and Project Management, Test 2 Questions With 100% Correct Answers | Latest Update 2024/2025 | Graded A+. The _____ method recognizes income when the employer has 
done the work but has not received the income. 
A. Accrual 
B. Appreciation 
C. Depreciation 
D. Cash - Correct Answer-A. Accrual 
13-7 
A _____ bundles all cost factors for entire task. 
A. Lump sum 
B. Cost plus 
C. Percent completion method 
D. Unit price method - Correct Answer-D. Unit price method 
NASCLA Bus...
And that's how you make extra money
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NASCLA Business, Law, and Project Management 13th Edition - Test 1 Already Passed
- Exam (elaborations) • 27 pages • 2024
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NASCLA Business, Law, and Project 
Management 13th Edition - Test 1 
 
Already Passed 
 
FOB freight prepaid requires _____ to pay for shipping charges. 
 
A. Contractor 
 
B. Buyer 
C. Seller 
 
D. Subcontractor C. Seller 
 
13-11 
 
_____ is NOT a member of the supervisory team. 
 
A. A Foreman 
B. A Material expediter 
C. The Owner's representative 
D. A Project manager D. A Project Manager 
 
8-7 
 
With _____ scheduling, you can link project tasks to specific dates such as delivery dates, ...
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NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Test Questions And Answers, Latest Update 2024/2025 (GRADED)
- Exam (elaborations) • 37 pages • 2024
- Available in package deal
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- $15.49
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NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Test Questions And Answers, Latest Update 2024/2025 (GRADED) Which of the following bonds guarantees that the 
contractor has paid the subcontractor? 
A. Bid bond 
B. Performance bond 
C. Payment bond 
D. James bond - Correct Answer-Payment Bond 
2. The _____________ method recognizes income when the 
employer has done the work, yet has not 
received the income. 
NASCLA Contractor's Guide To Business, Law, ...
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NASCLA #3 law questions with 100% correct answers 2023
- Exam (elaborations) • 16 pages • 2023
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NASCLA #3 lawWhat is the first step in the planning and scheduling process? - correct answer Establish the projects objective. Scheduling begins with a plan. The key is that the objective should be attainable and fit within corporate goals. 
- Const Proj Mgmt pg 225 
 
What are the three categories activities can be divided into? - correct answer Production, Procurement, Administration 
- Const Proj Mgmt pg 231 
 
The standard industry mark-up is? - correct answer 15% 
- Bus Law & Proj Mgmt pg 7...
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NASCLA #3 law questions with answers rated A+ 2023
- Exam (elaborations) • 16 pages • 2023
- Available in package deal
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NASCLA #3 lawWhat is the first step in the planning and scheduling process? - correct answer Establish the projects objective. Scheduling begins with a plan. The key is that the objective should be attainable and fit within corporate goals. 
- Const Proj Mgmt pg 225 
 
What are the three categories activities can be divided into? - correct answer Production, Procurement, Administration 
- Const Proj Mgmt pg 231 
 
The standard industry mark-up is? - correct answer 15% 
- Bus Law & Proj Mgmt pg 7...
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NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Practice Test 2 Questions And Answers 2024
- Exam (elaborations) • 16 pages • 2024
- Available in package deal
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- $13.49
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NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Practice Test 2 Questions And Answers 2024 
 
1. Which of the following bonds guarantees that the contractor has paid the subcontractor? 
 
A. Bid bond 
 
B. Performance bond 
 
C. Payment bond 
 
D. James bond 
Payment Bond 
 
2. The _____________ method recognizes income when the employer has done the work, yet has not 
 
received the income. 
 
A. Accrual 
 
B. Appreciation 
 
C. Deprecation 
 
D. Cash 
C...
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