Question 1

Constructive Acceleration

Accepted Answer

A)  helps everyone 
B)  is when the Owner requires the Constructor to increase production without agreeing to pay additional money 
C)  is determined by the Constructor in counsel with the Subcontractors 
D)  is usually required based on design errors 
A)  helps everyone 
B)  is when the Owner requires the Constructor to increase production without agreeing to pay additional money 
C)  is determined by the Constructor in counsel with the Subcontractors 
D)  is usually required based on design errors

Question 2

If a Supplier might go bankrupt, the Contract Administrator should

Accepted Answer

A)  get a copy of keys to any storage of materials the Contractor might need 
B)  have material delivered to the project site or other facility 
C)  wait for notification of the bankruptcy so no one is pushed into the situation 
D)  cancel the order and get a new supplier 
A)  get a copy of keys to any storage of materials the Contractor might need 
B)  have material delivered to the project site or other facility 
C)  wait for notification of the bankruptcy so no one is pushed into the situation 
D)  cancel the order and get a new supplier

Question 3

UCC stands for Uniform Cost Code

Accepted Answer

A) True 
 B)False

Question 4

A Contract can be terminated for cause or convenience

Accepted Answer

A) True 
 B)False

Question 5

It is often said that the most dangerous clause in any Contract is

Accepted Answer

A)  the signature block 
B)  the one you don't know about 
C)  the ""Notice Clause"" 
D)  the General Conditions 
A)  the signature block 
B)  the one you don't know about 
C)  the ""Notice Clause"" 
D)  the General Conditions

Question 6

Notice clauses can be critical for

Accepted Answer

A)  differing site conditions 
B)  change orders affecting time and/or money 
C)  RFI related to an ambiguity 
D)  all of these 
A)  differing site conditions 
B)  change orders affecting time and/or money 
C)  RFI related to an ambiguity 
D)  all of these

Constructive Acceleration

If a Supplier might go bankrupt, the Contract Administrator should

UCC stands for Uniform Cost Code

A Contract can be terminated for cause or convenience

It is often said that the most dangerous clause in any Contract is

Notice clauses can be critical for

Getting Started

An Introduction to Contracts, Torts, Statutes and Regulations

Owners, Designers, and Constructors

The Basics of Construction Contracts

Different Construction Contract Delivery Methods

Interpreting the Contract

Insurance

Bonds

Warranties

Getting Started

Differing Site Conditions

Schedule

Liens

Filters

Exam 7: Killer Clauses

Constructive Acceleration

If a Supplier might go bankrupt, the Contract Administrator should

UCC stands for Uniform Cost Code

A Contract can be terminated for cause or convenience

It is often said that the most dangerous clause in any Contract is

Notice clauses can be critical for

Getting Started

An Introduction to Contracts, Torts, Statutes and Regulations

Owners, Designers, and Constructors

The Basics of Construction Contracts

Different Construction Contract Delivery Methods

Interpreting the Contract

Insurance

Bonds

Warranties

Getting Started

Differing Site Conditions

Schedule

Liens

Filters