Why are the Project records of considerable value in ascertaining the true impact of damages?

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: Why should the public works projects,not allowed of any substitutions between the bid-opening…

A: Bid-opening contract is not an agreement and is neither an offer nor invitation by the nodal agency…

Q: What is the difference between special damages and general damages?

A:

Q: Jéan has asked that you explain the whole idea of construction lien to him in plain language, and if…

A: Jéan has requested you to explain the concept of a construction lien to him in layman's terms, as…

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

A: In the construction project, the dispute arises due to disagreements between the parties on a…

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: Define the purpose of damages being awarded.

A: Answer Damages is that amount of money which the injured person gets from the person who caused…

Q: What payments are typically linked to Substantial Completion? And to Final Completion?

A: In any construction project, the owner must make monthly or regular payments to the general…

Q: Are the liquidated damages the common practice throughout the construction?

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

Q: What are the advantages of separating the trial into two separate actions?

A: A split trial is a trial that deals with damage and liability as separate matters. A split trial is…

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: How can an owner participate in the safety program at the construction project?

A: Involvement of owner in project is very important.

Q: In what way do liquidated damages differ from penalties?

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

Q: What are the environmental impacts and mitigation strategies associated with large-scale land…

A: In case you are not satisfied with what I provided above (or you just want to get some more ideas in…

Q: In which kind of circumstances are the mediators needed?

A: The term mediation is defined as it is a consensual method of conflict resolution between parties in…

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: When is the computing of liquidated damages is done?

A: Calculation of liquidate damages:

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: 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: The Domestic Building Dispute Resolution Victoria (DBDRV) and the Victorian Civil and Administrative…

A: In Victoria, Australia, both the Domestic Building Dispute Resolution Victoria (DBDRV) and the…

Q: How are the Osho provisions applied to the project?

A: The Occupational Safety and Health Act mandate that employers have a safe and healthy place of work…

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.