Loyalist College - Contracts and Specifications

Quiz
•
Architecture
•
University
•
Medium
Michelle Stobbart-Cornell
Used 1+ times
FREE Resource
41 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
How are you feeling today?
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In interpreting a contract, the court does NOT consider which of the following factors?
A) the ordinary meaning of the words used
B) other provisions in the contract
C) the true intention of the parties
D) the length of the contract
E) the normal terms used in that industry
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which would make a contract not legally binding?
Both parties agree to the terms/conditions
The contract is created and signed in proper form
Both parties have the mental capacity to enter into a contract
The terms/conditions agreed to break the law.
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the primary purpose of contract management?
To ensure project deadlines are met
To manage relationships between parties
To oversee the performance and compliance of contracts
To minimize communication between parties
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which phase of contract management involves the creation of contract documents?
Contract negotiation
Contract performance monitoring
Contract drafting
Contract closure
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a key benefit of effective contract management?
Increased litigation
Enhanced collaboration and reduced risks
Reduced transparency
Increased contract breaches
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A ______________ is a promise or set of promises that is legally binding, often in a document
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