100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
CM 4210 Construction Contracting for Donald Schneider Quiz # 1 complete solution fall Louisiana State University R214,60   Add to cart
Quickly navigate to
Preview
  2.  
  3. CM 4210 Construction Contracting
  4.  
  5. CM 4210 Construction Contracting

Exam (elaborations)

CM 4210 Construction Contracting for Donald Schneider Quiz # 1 complete solution fall Louisiana State University
 8 views  0 purchase
  • Course
  • CM 4210 Construction Contracting
  • Institution
  • CM 4210 Construction Contracting

CM 4210 Construction Contracting for Donald Schneider Quiz # 1 complete solution fall Louisiana State University

Preview 2 out of 10  pages

Document information

  • June 15, 2024
  • 10
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • cm 4210
  • lsu cm 4210
  • cm 4210 construction contracting

Written for

  • CM 4210 Construction Contracting
  • CM 4210 Construction Contracting

Seller

avatar-seller
smartzone

Reviews received

Content preview

Question 1
Correct
1.00 points out
of 1.00Which of the following statements is true?
Select one:
a.The completed “bid form” is the contract in a construction project.
b.The four most important things that should be in an advertisement (for a construction project) are (1) project identification, (2) contractor identification, (3) time and place for the bid opening, and (4) instructions how to get the bid documents.
c.Standard form contracts are used because they contain provisions deemed to be fair to the parties.
d.In an AIA standard form contract, if there is any bias it is in favor of the contractor.
Your answer is correct.
The correct answer is: Standard form contracts are used because they contain provisions deemed to be fair to the parties.
Question 2
Correct
1.00 points out
of 1.00An illegal contract is unenforceable.
Select one: True False
The correct answer is 'True'.
Question 3
Correct
1.00 points out
of 1.00A contract may be formed even when the objective is unclear.
Select one:
True False
The correct answer is 'False'.CM 4210 Construction Contracting for Donald Schneider Quiz # 1 complete solution fall 2024-
2025 Louisiana State University
Time taken 29 mins 36 secs Points 16.00/20.00
Grade 80.00 out of 100.00 The correct answer is 'False'.
Question 5
Correct
1.00 points out
of 1.00Which of the following statements is true?
Select one:
a.If a contract has no differing site conditions clause, then the contractor is responsible for the costs if conditions are encountered that are more costly to overcome.
b.In the dispute resolution clause of a private project contract, it is important to know
whether or not sovereign immunity has been waived.
c.Contractors prefer a contract to have a narrow list of excusable delays.
d.If the contract contains a “no-damages-for-delay” clause, the contractor will not be entitled to either a time adjustment nor a cost adjustment in the contract caused by a delay.
Your answer is correct.
The correct answer is: If a contract has no differing site conditions clause, then the contractor is responsible for the costs if conditions are encountered that are more costly to overcome.
Question 6
Incorrect
0.00 points out
of 1.00Which of the following statements is true?
Select one:
a.Whether a project will require union labor or not is something that will be found in the general conditions.
b.The bid form itself is drafted and completed by the contractor
c.Instructions to Bidders is where prospective bidders find out how to get to the owner’s office to pick up the bid documents.
d.Bid forms may require information about the contractor’s work history and financial strength.
Your answer is incorrect.
The correct answer is: Bid forms may require information about the contractor’s work history and financial strength. Question 4
CorrectA prime contract is any contract in which one of the parties is a construction contractor.
Select one: True False

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

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 this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller smartzone. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R214,60. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75632 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R214,60
  • (0)
  Buy now