Construction Contract Quiz

What is the relationship between "Juristic Act" and "Contract"?

• Contract is a subset of Juristic Act.

• They are the same.

• They have no relationship.

• All choices are correct.

What is the advantages of Cost Plus Fee contract for the employer?

• Save Cost

• High Quality

• Reduce Preparation Time

• All Choices are Correct.

What is/are the advantage(s) of design-build contract?

• Single source of responsibility

• Opportunity to fast track

• Opportunity to rely on contractor's expertise

• All choices are correct.

Which phase of construction is "procurement" in?

• Preconstruction Phase

• Construction Phase

• Post-construction Phase

• None is correct.

Which one is different from the others?

• BOT

• Design-bid-build

• Turnkey

• Lump Sum

Which one is related to "material breach of contract"?

• Poor material supply

• Significant breach of contract

• Defects from low quality material

• None is correct.

What does NOT cause a discharge of contract?

• Obligations fulfill

• Immaterial breach of contract

• Explicitly stated

• All are correct.

What is NOT the part of contract document?

• Drawings

• General Conditions

• Invitation to Bid

• None is correct.

Which one is different from the others?

• Special Conditions

• Particular Conditions

• Supplementary General Conditions

• None is correct.

What is NOT the advantage of using standard contract?

• Save Time

• Provide a competitive advantage to the employer

• Greater Predictability

• Periodically reviewed and revised