When a claim or dispute arises, what steps should be taken by the contractor?

Q: In all disputes, regardless of the method of resolution, who can support the burden of proof?

A: In the case of any dispute, a plaintiff is the person or the party that brings the lawsuit to the…

Q: a) Discuss the principal/primary contractual roles of the client and contractor under the…

A: Under conventional construction contracts, there are generally two primary parties involved:the…

Q: A successful contractor bidding for a project is required to engage an bond by the client. Discuss…

A: Contractor : The legal agreement gives rise to the word contractor. The owner and the builder will…

Q: How can the project records be used in litigation?

A: Litigation is the process of arguing or engaging in legal action in court as a method of settling a…

Q: When and under what conditions would the option to contract be executed

A: Contract: The term contract is defined as the agreement between the two (or) more parties. The…

Q: What steps must be taken to set up a partnership? How cana partnership be dissolved?

A: A general partnership does not require any official documents to set up. It can be as simple as an…

Q: What are the four principal methods available for the resolution of construction claims?

A: The four principal methods for the resolution of construction claims are given as following:

Q: A project had March 4, 2021 as substantial completion date. The owner of the contracting company…

A:

Q: How is recording of Bids done?

A: Project bidding is the mechanism whereby the contractor submits a offer to the customer as a request…

Q: 2. Who can declare a failure of bidding 3. Compressed work should not exceed 4. Outsiders who…

A: given  ans all the question

Q: Can the contractor, attempt to interpret the strict orders of specifications to prepare the bid?

A: Bidding is the process in a tender and the one who put the highest bid will get the contract.

Q: What danger is there in requiring a contractor to perform according to a particular method? There…

A: The correct answer is c) Both of the above.Requiring a contractor to perform according to a…

Q: Explain the purpose and operation of liquidated damages.

A: Introduction: Liquidated damages are referred to as the amount of payment accepted by the parties at…

Q: How can a project become involved in litigation?

A: Litigation is the mechanism through which a lawsuit is taken to trial. The legal cycle is usually…

Q: What are the liquidated damages?

A: The damages that occur due to the breach of the contract can be classified into liquidated and…

Q: What are the different types of business disputes?

A: When a dispute occurs within a business is called as business dispute. The business dispute should…

Q: Why are the Arbitrators normally not bound by rules of law?

A: The term arbitration is a consensual method of conflict resolution between parties in which a third…

Q: What are some of the limitations, to be followed by the Inspector in order to avoid litigations in…

A: The main concern with the building limitations being the volume of lawsuits included. Building fault…

Q: If safety requirements are not specified in the contract,is the contractor relieved of its safety…

A: The one of the main responsibility of the contractor is to ensure the safety measures of the…

Q: How do you think the government would select a contractor or vendor if they are entering uncharted…

A: The choice of contractor would become a crucial instrument for controlling contractor security in…

Q: Liquidated damages are intended to represent anticipated losses to the owner based upon…

A: Liquidated damages are shown in specific legal contracts as an evaluation of losses to one of the…

Q: Contractor A fails to complete the contracted Work for a project based on the contract drawings and…

A:

Q: Which of the following is the term used to describe when damages are distributed to each of the…

A: Ans is Comparative negligence : In comparative negligence, if any damage occurs then both parties…

Q: The superintendent officer (SO) is the key person who handle and administer a construction project.…

A: Introduction- Superintendent officer (SO)- Construction superintendents (SO) keep track of projects…

Q: how is quality measured in real estate?

A: In real estate, quality refers to the degree of excellence or fitness for purpose in the design,…

Q: 7. Which one of the following is not an element of strict liability? OA. With intent to mislead…

A: Strict liability is the imposition of liability on a party without a finding of fault.

Q: What actions can be taken to collect liquidated damages for the failure of a contractor to meet…

A: Liquidated damages are penalties the value to which the parties assign as reimbursement for a…

Q: Does the contractor have to accept partial possession?

A: The partial passion usually needs the approval of the contractor and provides the owner to use part…

Q: What are the benefits of the Changed Conditions Clause used by the Owner?

A: The Changed Conditions Clause is the most common and effective clause used in any construction…

Q: Explain the process of submitted a claim?

A: Claim generally comes in between the parties who are under the construction contract. These claims…

Q: What are Un-liquidated damages?

A: The damages that occur due to the breach of the contract can be classified into liquidated and…

Q: Under a liquidated damages clause, is it necessary to prove that the owner suffered a loss to be…

A: Liquidated damages are shown in specific legal contracts as an evaluation of losses to one of the…

Q: What is the difference between liquidated damages and apenalty for late completion of the contract?

A: If the amount set by both parties is a true estimate of the loss due to a future breach of contract,…

Q: What can be the result of the contractor’s failure to follow mandated government claims procedures?

A: A contractor is a self-employed person that carries out work for the construction company. The…

Q: Define the term Burden of proof?

A: The term burden of proof is defined as the work assigned upon a person to disprove or prove a…

Q: In transferring risks to sub-contractors, should the bonding capability of the sub-contractor be a…

A: Subcontractor bonding legally allows the general contractor to pay subcontractor only when they've…

Q: Does an arbitrator normally play apassive role?

A: Arbitrator is an independent person which is appointed for resolving the dispute between the…

Q: Why do the contractor favor no fault settlement while resolving a dispute?

A: A dispute resolution is also referred to as alternative dispute resolution, it is a method for…

Q: Is litigation more preferable or the arbitration more preferred by the contractor?

A: lest's first understand the difference between "litigation" and "arbitration".

Q: What is the effect of “beneficial use” on the foregoing list of contract requirement?

A: There are several effects of “beneficial use” on the foregoing list of contract some of them are…

Q: What are the causes of Scope of Work Disputes?

A: The construction management has the responsibility of supervising the planning, scheduling,…

Q: How can the documentation of claims defence prepared?

A: The construction claim is defined as a claim against the owner, by the contractor, or a claim…

Q: Question 1 A. On a project, the contractor failed to complete the project on time and the project…

A: Offer consideration first after going through all the details why the firm A was unable to complete…

Q: What is one of the most common causes of contractor claims?

A: There square measure several quite conflicts occur in construction industry between the parties that…

Q: Distinguish between the liquidated damages and penalties?

A: The following are the difference:

Q: What is meant by; Defects liability period, liquidates damages, cost planning, bid bond,…

A: 1. Defect liability period: It is a time period or time frame during which it is the responsibility…

Classification of Legal Structure

The first step for the establishment of any company is to find a suitable legal structure. To determine the appropriate legal structure for a specific company or a venture, professional guidance is necessary for the deep understanding of various structure classifications, long-term targets, and certain choices. The categorization of different business legal structures comprises liability implications, income and taxation considerations for the company owners.