Ch 4 what is a contract - Study guides, Class notes & Summaries

Ch 4 Pearson VUE Exam Questions and Answers 100% Pass 1. Mutual assent to a real estate contract is indicated by (page 98) A. attestation. B. offer and acceptance. C. acknowledgment. D. seals. - Answer- B ( This indicates a meeting of the minds.) 2. An example of an executory oral contract that is enforceable would be a (page 99) A. lease for six months starting in 6 months. B. sale of a lot for less than $500. C. lease for two weeks starting in 12 months. D. sale of drapes for $600....

Construction management exam 1 review questions (Ch. 1-7) already passed What are some concerns of Resident Project Representative or an inspector with respect to his or her project during the construction phase? Main focus: get what was paid for -> construction is done according to drawings/plans/specs/all contract docs What type of organizational structure is best suited for fast-track construction? Design-Build Under a construction management (CM) contract, should the CM firm's respons...

Less than $10,000 -  Sound Business Practices-ensuring the receipt of a favorable price by periodically soliciting price lists or quotes. At least $10,000 but not more than $50,000 -  Written Price Quotations-solicit at least 3 written quotes from vendors that customarily provide the supplies or services you are procuring, and award the contract to the responsible vendor who gives you the lowest written quote that meets your purchase description. Responsible Vendor -  Under...

CH. 4 What is a Contract Questions & 100% Verified Correct Answers with complete solutions (Latest update 2024 2025

Gold Coast 1001 CRAM (Q&A, 100% Verified) Gold Coast 1001 CRAM (Q&A, 100% Verified) 901. Complete the sentence. A sales associate cannot ____ (Ch. 5, Sales Associate Duties) a. Change the policies of his or her employer without consent b. Change the terms and conditions of a sales contract without permission c. Change the terms and conditions of a listing contract without permission d. All of the above 902. Who may directly receive compensation for performing any of the eight service...

Economics Today The Macro View Ch.4 Practice Quiz/Exam Questions 1. In a price system, changes in prices: A) Indicate to consumers what they should purchase. B) Help buyers and sellers identify market trends. C) Indicate to consumers that certain goods are relatively more or less scarce. D) Provide information about the quality of goods. Answer: C 2. With an increase in the price of soft drinks, which of the following is not likely to occur: A) The soft drink indust...

CAIB 3 Practice Exam Questions with Correct Answers What is the name given to the collection of written decisions? - Answer-Case Law Explain the concept of the Rule of Precedent. - Answer-Current court decisions must follow those made in cases having similar circumstances, which allows the development of a logical body of general principles against which specific cases to be compared. Explain the meaning of the term "damages". - Answer-Compensation in money for the loss or damage s...

Ch. 15 Contracts in Writing - correct answer Try to avoid verbal contracts. Terms of a written contract do not change overtime, while parties' recollections of oral contract terms might. Parol Evidence Rule - correct answer Protects a written contract from allowing parties to introduce any evidence in a lawsuit that would alter, modify, or vary the terms of the written contract. Statute of Fraud ...

SHRM-CP People Situational Questions 1. One of HR's strategic abilities is an awareness of external factors that can affect the organization and HR's job. Which task reflects this ability? - a. Creating job alignment between the HR and organizational strategies. - b. Conducting annual employee surveys - c. Gathering information about technologies that could increase HR productivity ️ - d. Networking with leaders of other functions to build consultative relationships Explanation: Gath...

NURS420 Ch 25 Exam Questions and Answers 100% Verified and Updated The nurse manager is educating staff about the collective bargaining process. Who should this nurse say controls collective bargaining in health care? - Answer-Federal laws The nurses of a hospital have given notice of their desire to unionize. The nurse executive is meeting with all nurse managers to discuss their role. Which information should the executive provide for these managers? - Answer-If the nurses on you unit ...