Crr exam 2 contracts - Study guides, Class notes & Summaries

what makes a contract irrevocable? - option contract detrimental reliance what is an option contract? - offeror promises to hold offer open for a special period in exchange for consideration what is determinantal reliance (promissory estoppel)? - 1. If Person A reasonable relies on 2. Person's B promise 3. In a way that causes Person A harm, then 4. Person B is estopped form not fulfilling the promise (Person B has kept the promise) what is partial performance? - form of detrim...

CMC 100 Module 2 Contract Review Exam || All Questions & 10% Verified Answers (Rated A+) CMC 100 Module 2 Contract Review Exam || All Questions & 10% Verified Answers (Rated A+) What do the DCAA, DFAS, COR provide for the contract management team (CMT)? - ANSWER - external support What regulation establishes policies, roles, and procedures to review contracts? - ANSWER - DCMA INST 118 Contract Receipt & Review Who has the authority for making contract decisions that legally bind the ...

ACO CORB Exam Questions With 100% Correct Answers What are the responsibilities of an ACO? - answerThe ACO is responsible to ensure the best interest of the Government is protected by ensuring the terms and conditions of the contracts are appropriate and that all parties execute the contract according to the terms and conditions of the contract. The ACO is responsible for ensuring the DCMA mission of providing Contract Administration services to DOD activities and its partners of the deliv...

Bloomberg Certification Exam – Commodity Questions and Answers 100% Pass Bloomberg provides a library of pre-created Microsoft Excel spreadsheets on a function that you can use to perform custom analysis on Bloomberg data, where is this found? XLTP <Go> Commodity markets can be said to be in backwardation or contango. Using Bloomberg's autocomplete, how can you view commodity curves to see these trends? CCRV <Go> Contango occurs when futures prices fall as maturitie...

ACO CORB Exam Questions With 100% Correct Answers What are the responsibilities of an ACO? - answerThe ACO is responsible to ensure the best interest of the Government is protected by ensuring the terms and conditions of the contracts are appropriate and that all parties execute the contract according to the terms and conditions of the contract. The ACO is responsible for ensuring the DCMA mission of providing Contract Administration services to DOD activities and its partners of the deliv...

ACO CORB Exam Questions With 100% Correct Answers What are the responsibilities of an ACO? - answerThe ACO is responsible to ensure the best interest of the Government is protected by ensuring the terms and conditions of the contracts are appropriate and that all parties execute the contract according to the terms and conditions of the contract. The ACO is responsible for ensuring the DCMA mission of providing Contract Administration services to DOD activities and its partners of the deliv...