Why do speedy results occur in arbitration?

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: What is the difference between a typical contract and an engineering contract? Explain.

A:

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: What are the three major types of construction bonds? Whyare they required? Name three items that…

A: Construction bonds is a surety bond which is signed between developer firm and contractor firm. It…

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 exactly is a subprocedure?

A: Subprocedure- A small process is a process that is part of a larger task or the process described…

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

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: 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 is the quickest and most economical way of resolving a dispute?

A: The dispute occurs between the client and the contractor when there is a occurrence difference of…

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: 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: State the comparison between Immediate Settlement and consolidation settlement ?

A: Immediate settlement: It occur almost immediately after load is imposed as a result to distortion…

Q: How is the computation of liquidated damages is done?

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

Q: Discuss the effect of supervening impossibly. On the performance of a contract.

A: Supervening impossibility, often referred to as supervening events or the concept of frustration, is…

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: 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: When do the courts enforce liquidated damages?

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

Q: Q: Variations has a huge possibility of occurrence to any project, as an engineer what will you do…

A: Solution 1- A business reality parties cooperating don't simply go into free discrete concurrences…

Q: Why do incosistent results occur in arbitration?

A: The arbitration is defined as it is a private, contractual form of conflict resolution. In this the…

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: How do the mediation differ from arbitration?

A: The mediation is nothing but the process of solving the disputes amicably between two parties by a…

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 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: How can we find asset value after 'a' years in service ?

A: The reduction in the value of an asset after serving a period of time is called depreciation. To…

Q: Explain the settlement procedure proposed by van der Vlugt and Rosenthal (1989)  ?

A: Solution: The procedure of the settlement are proposed by Schmertmann (1970) and Schmertmann et al.…

Q: Does an arbitrator normally play apassive role?

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

Q: What is the key feature of mediation and conciliation? a.The independent third party is responsible…

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Q: vHow can the disputes be settled by arbitration?

A: Arbitration is a way of settling dispute in which an imperial third party is introduced which is…

Q: Explain about the corrections to be made for the Settlement due toConsolidation ?

A: When a saturated soil is loaded externally, the water is squeezed out of the soil, and the soil…

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: Explain in detail the different types of tenders with suitability and advantages

A: Tender is an offer in writing by the tenderer or owner to execute some specific work at certain…

Q: How can the Disputes be solved in risk management?

A: Risk management is important for preventing legal disputes.

Q: What are the typical values of a Performance bonds?

A: A performance bond is also called a contract bond, it is a guaranty bond issued by a bank or an…

Q: What are the different causes of disputes?a

A: It is very likely to have differences or disagrrements between two parties on a contract at the…

Q: Name the types of Bailers and desctibe about them.

A: Bailers are used for collection of samples from distinct levels or flow points in order to carry out…

Q: Long-term contracts?   Multiple Choice increase transaction costs. reduce incentives for…

A: There are different types of contracts which are used to finish a project. Some of them are on the…

Q: What are the key principles of neutrality and impartiality in mediation and arbitration?

A: Neutrality and impartiality are two fundamental principles in the fields of mediation and…

Issues During Construction

Construction is the combination of art, science, and engineering to build buildings, bridges, structures, roadways, highways. airports, etc. The construction business is a challenging and promising business worldwide with certain risk factors involved. Increasing demand for mankind leads to the growth of several construction companies which specialize in different construction projects. These construction companies initiate their construction process under certain agreements and time durations called the construction contract.