Prohibited contracts - Study guides, Class notes & Summaries
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CON 3990 Exam Practice Questions and Answers Latest Updated 2023/2024 | 100% Verified
- Exam (elaborations) • 36 pages • 2023
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CON 3990 Exam Practice Questions and Answers Latest Updated 2023/2024 | 100% Verified. FAR Part 5 -CORRECT ANSWER Publicizing Contract Actions 
FAR Part 6 -CORRECT ANSWER Competitive Requirements 
FAR Part 7 -CORRECT ANSWER Acquisition Planning 
FAR Part 8 -CORRECT ANSWER Required Sources of Supplies and Service 
FAR Part 10 -CORRECT ANSWER Market Research 
FAR Part 12 -CORRECT ANSWER Acquisition of Commercial Items 
FAR Part 13 -CORRECT ANSWER Simplified Acquisition Procedures (SAP) 
FAR Part 1...
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CEBS: GBA/RPA 3 (new curriculum) Exam Questions and Answers
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ERISA - Answer- Employee Retirement Income Security Act 1974 
 
SOC Reports - Answer- Service Organization Controls: for external vendors 
 
SOC 1 - Answer- Internal Controls & Financial reports; used by auditors 
 
SOC 2 - Answer- Security, availability, processing integrity, confidentiality and privacy controls;used by management, regulators, and others under an NDA 
 
SOC3 - Answer- Same as SOC2, but available for public use. 
 
Tribble V Edison - Answer- Landmark court case re fiduciary resp...
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Promulgated Contract Forms Practice Test Questions With All Correct Answers
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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...
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Real Estate Principles Final Exam Verified Answers
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Real Estate Principles Final Exam Verified Answers 
Anything that is fastened or attached to real property permanently is considered to be: ️Real 
Property 
A quitclaim deed releases all present claims, rights and title of the: ️Grantor 
When a creditor wants to satisfy a judgement which was levied against another person, the creditor 
would: ️Obtain a writ of execution 
Before a mechanics lien is effective it must be: ️Verified and recorded 
Discrimination by a real estate licens...
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NIGP CPP Test Questions with Correct Answers
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NIGP CPP Test Questions with Correct Answers 
 
You are leading the procurement for a new enterprise resource planning IT system that will be deployed across the entity. Proposers likely will use various subcontractors for integration, project management, and training. The users have expressed concern about financial viability of the successful contractor; the entity does not have the financial resources to mitigate risk from a default. What requirement would best protect the entity? - Answer-L...
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CLG 001_ Fiscal Law Exam version 2/ with 100% 2024 verified answers
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QUESTION 1 
 
1. Which of the following is a correct statement of Fiscal Law Philosophy: 
 
If the law is silent as to whether a purchase can be made, it is probably safe to spend appropriated funds. 
authorized by Congress. 
If the commander says buy it, don’t worry about Fiscal Law Regulations. 
Absent a specific prohibition, expending appropriated funds is permitted. 
20 points 
QUESTION 2 
 
1. It is July 2010. The contracting officer at Fort Mason is about to award a contract for a comput...
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PVL3702 NOTES
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LAW OF CONTRACT NOTES: 
Contract as an agreement intended to create enforceable obligations 
A contract is an agreement between two or more parties. 
The extra ingredient that distinguishes contracts from non-binding 
agreements is a serious intention to create legally enforceable obligations 
(animus contrahendi). 
The absence of an animus contrahendi explains why ‘gentlemen’s 
agreements’ are not enforceable as contracts. 
Legally binding agreements that are not contracts: 
The ...
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CON 2370 Simplified Acquisition Procedures Questions and Answers Already Passed
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CON 2370 Simplified Acquisition Procedures Questions and Answers Already Passed 
You are the contracting officer for a firm-fixed price supply contract valued at $195,400. Which one of the following statements about contract closeout is correct? The contract is considered closed once you receive evidence of receipt of property and final payment. 
Which of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? Purchases shall be made in the...
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TX-Brokerage (SAE), Texas Real Estate Brokerage 30 Hours 2019, texas sae real estate brokerage, Real Estate: Brokerage Final Exam Questions/Answers, Real Estate: Practice Exam (Questions/Answers), Real Estate: Agency Exam Questions/Answers, texas sae...
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TX-Brokerage (SAE), Texas Real Estate Brokerage 30 Hours 2019, texas sae real estate brokerage, Real Estate: Brokerage Final Exam Questions/Answers, Real Estate: Practice Exam (Questions/Answers), Real Estate: Agency Exam Questions/Answers, texas sae... 
 
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 brok...
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Texas Law of Contracts Exam Study Guide: Questions & Answers: Latest Updated
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Describe at least two requirements under TRELA. 
(Ans- Act created by Texas Congress 1) All professionals are licensed 2) Use same policy, procedures, and forms. Providing correct documentations and forms during a transaction. TREC wanted to get things standardized. TREC was created in 1949 and that's when it began administrating TRELA. Real Estate Dealers license Act was enacted in 1939 for salesperson and brokers. TRELA is the present act which is active and administered until present day. 
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