Construction Management
5th Edition
ISBN: 9781119256809
Author: Daniel W. Halpin, Bolivar A. Senior, Gunnar Lucko
Publisher: WILEY
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Question
Chapter 4, Problem 8RQE
(a)
To determine
Identify the offer, acceptance, and consideration in the given cases.
(b)
To determine
Identify the offer, acceptance, and consideration in the given cases.
(c)
To determine
Identify the offer, acceptance, and consideration in the given cases.
(d)
To determine
Identify the offer, acceptance, and consideration in the given cases.
(e)
To determine
Identify the offer, acceptance, and consideration in the given cases.
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Students have asked these similar questions
Valid contracts require an offer, an acceptance, and a consideration.Identify these elements in the following cases:a. The purchase of an item at the storeb. The hiring of laborc. A paid bus rided. A construction contracte. The position of staff member in a firm
8
Construction "Contract Documents" are the official written documents that define the
roles, responsibilities, and "Work" under the Construction Contract, and are legally
binding on the client and contractor. Explain SIX (6) factors in selecting the type of
contract.
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, civil-engineering and related others by exploring similar questions and additional content below.Similar questions
- Select a type of construction contract and make a brief discussion of its advantages and disadvantages to both the contractor and the owner.arrow_forwardThere are several types of construction contracts. However, often a standard form of contract is best suited for most construction contracts. Describe why this type of contract is the best in most situations?arrow_forward1. True or False? A payment bond provides the construction contractor a guarantee that they will receive timely payment for properly completed work 2. True or False? The terms price and cost are the same thing as it applies to a construction estimate. 3. From the following list, which item is least governing when interpreting a contract requirement?a. The Contract Agreementb. Amendments to the Contract Agreementc. Section view drawingsd. Specificationsarrow_forward
- Who is responsible for contracting for subcontractor services for construction on a project? a. The owner b. The architect c. The engineer d. The constructor e. All of the abovearrow_forwardQuestion 8 What is the contract delivery method called where the prime consultant is responsible to the contractor? E Public-private partnership E Integrated project delivery Design-build I Construction management for services Question 9 What document is requested by the owner to ensure the contractor enters into a contract? Agreement to bond Performance bond Bid bond I Certification of insurancearrow_forwardWhat is contract? Discuss different types of contracts in detail with suitable examplesarrow_forward
- C. There has always been the need to protect Client from Contractors who cannot to perform contracts they have signed. Right from the Tender stage to post contract stage there exist mechanisms designed to protect the Client from contractors non-performance. Discuss the contract documentation used to protect Client at the Tender stage and during post contract stage.arrow_forwardWhich category of construction would typically be contracted out as design/build? a. Residential b. Building construction c. Industrial d. Heavy construction Please explain your answer Please give me right answer and give correct explanation... Thank youarrow_forwardAs a contract manager or administrator is responsible for negotiating, administering, monitoring and enforcing the terms and conditions of a contract. Discussarrow_forward
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