Perform contracts Study guides, Class notes & Summaries

Who decides which post-award contract administrative functions will be delegated and which will be retained by the contracting officer who awarded the contract? - ANSWERProcuring contracting officer (PCO) "Bloom. LLC was recently awarded a $2 million contract for website enhancement services that was set aside for Historically Underutilized Business Zone (HUBZone) small businesses. Bloom's owner recently asked you which of the following would be acceptable subcontracts for Bloom to enter i...

AUI3702 Assignment 2 Semester 1 - DUE 8 April 2024 ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)...........QUESTION 1 20 MARKS Luxury Outdoor Limited is a manufacturer of patio furniture and outdoor cushions. The production process is labour-intensive, and all patio furniture and outdoor cushions are custom-made. For this reason, labour costs represent the major portion of costs. Luxury Outdoor Limited has an in-...

SPM4723 - Legal Issues in Sport Exam III (Answered) Complete Verified Solution Contract A legally enforceable agreement or promise between two or more parties that creates an obligation to do or not do a particular action. What is contract law based in? Common Law. What does the Uniform Commercial Code (UCC) do? Governs commercial codes and contracts. What are the parts of a contract? Offer, Acceptance, Consideration. The Offer A conditional promise made by one party to another. Bil...

Bail Bonds Louisiana Exam With 100% Correct Answers 2023 Acquit - Correct Answer-to set free:to judicially discharge from an acquisition;to clear (a person) of a criminal charge Bail Enforcement - Correct Answer-the apprehension or surrender of a principal by a natural person who is released on bail or who has failed to appear at and state of the proceedings to answer to the charge before the court, in which he may be prosecuted obligor - Correct Answer-the party who owes the duty or debt...

TX-Brokerage (SAE) Questions with correct Answers 2024 The _____ is required to ascertain that Brokers are aware of all of their responsibilities. Texas Real Estate Commission The _____ course is to address the regulatory aspects of the management, operation and supervision of a real estate brokerage firm in Texas. The course provides an understanding and working knowledge of a broker's responsibilities and obligations under 22 TAC §535.2. Broker Responsibility MCE Who Must Ta...

What is insurance? (Ans- protection against financial loss what is a premium (Ans- a scheduled amount to be paid for an insurance policy. What are premiums used for (Ans- premiums are collected into a "pool" or "reserve to pay out claimants when needed. how can insurance companies afford to pay for an individuals catastrophic loss? (Ans- the insurer collects premiums from all policy holders and uses them to pay out the claims of a few. what is Indemnity (Ans- payment for...

AINS 101 Question with Verified 100 % correct answers. The two main sectors of the insurance industry are:Answer: Propertycasualty insur- ance and life-health insurance. 2. Because insurance contracts impose an obligation for ethical practices and behaviors on the parties while dealing with one another, an insurance contract is called a:Answer: Contract of utmost good faith. 3. Earned premiums are shown on an insurer's income statement because they are:Answer: Revenues 4. Destructive comp...

Promulgated Contract Forms Practice Test Questions With All Correct Answers Elements of a Valid and Enforceable Contract - CORRECT ANSWERS 1. Competent Parties 2. Offer and Acceptance (mutual consent) 3. Legal Purpose 4. In Writing 5. Consideration Valid Contract - CORRECT ANSWERS A contract that meets all the requirements of law. Void Contract - CORRECT ANSWERS A contract having no legal force or binding effect...

Propane has many advantages as a fuel source, including: - CORRECT ANS A. It burns slowly because of its low pump-octane B. It is stationary and non-portable C. It is a clean-burning, non-toxic fuel D. It leaves a high-residue as it burns If a service technician is asked to perform a task that he or she is not fully trained or qualified for, the best action is to: - CORRECT ANS A. Say nothing, gather up his or her tools and supplies, and quietly leave the site B. Attempt to perform the t...

MGMT 311 Exam III Questions and answers, VERIFIED. Chapter 12: Formation of Traditional and E-Contracts - -Chapter 12: Formation of Traditional and EContracts Function of Contract Law - -Contracts create expectations as to how parties to agreements will conduct themselves in the future If a party to a valid contract does not carry out a promise, a court will enforce the contract and provide some form of relief or remedy to the non-breaching party Contract law provides stability and pr...