DBIA EXAM 3 ACTUAL EXAM 2025/2026 COMPLETE
ACCURATE EXAM QUESTIONS WITH DETAILED
VERIFIED ANSWERS (100% CORRECT ANSWERS)
/ALREADY GRADED A+
What are 2 common examples of Promissory Estoppel? - - correct answer✨✔✔ 1. Subcontractor bids
2. Teaming relationships
What case is this?
- Party sues for lost profits ($3-4 million)
- 5th Circuit found material facts in dispute that allowed party to maintain a promissory estoppel theory.
- - correct answer✨✔✔ Metroplexcore V. Parsons Transportation Group (2014)
_____ Damages: Award what was reasonably expected from the contract. - - correct answer✨✔✔
Expectation
_____ _____: When expectation damages not available, award what party would have had if contract
had not existed. - - correct answer✨✔✔ Rescission Damages
_____ ______ & _____ _____: If contract's subject is unique, a court may order that the breaching party
perform its obligations under that contract (specific performance) or stop doing something (injunction).
- - correct answer✨✔✔ Specific Performance & Injunctive Relief
_____ _____: Award of a reasonable sum of money (i.e., "what the claimant deserved") - - correct
answer✨✔✔ Quantum Meruit
,Damages cannot be speculative, and must be proven to a _____ degree of certainty. - - correct
answer✨✔✔ reasonable
The contract may NOT impose limitations on what can be claimed.
True or False? - - correct answer✨✔✔ False
- Liquidated damages.
- Limitations of liability.
- Improper default terminations.
- No damages for delay.
- Waivers of consequential damages.
These are all examples of Contractual _____. - - correct answer✨✔✔ Limitations
______ Damages: Arise from the consequences of a breach. - - correct answer✨✔✔ Consequential
_____ Damages create substantial financial exposure if something goes wrong. - - correct answer✨✔✔
Consequential
Consequential Damages demonstrates the importance of Contractual ______. - - correct answer✨✔✔
Waivers
Consequential Damages are distinct from "_____" Damages. - - correct answer✨✔✔ Direct
Direct Damages or Consequential Damages?
"Lost Profit on the project" - - correct answer✨✔✔ Direct Damages
, Direct Damages or Consequential Damages?
"Cost or repair the damage to the project." - - correct answer✨✔✔ Direct Damages
Direct Damages or Consequential Damages?
"Rental of temporary generator to meet power needs on project" - - correct answer✨✔✔ Direct
Damages
Direct Damages or Consequential Damages?
"Lost profits on other projects" - - correct answer✨✔✔ Consequential Damages
Direct Damages or Consequential Damages?
"Loss of rental income from tenants." - - correct answer✨✔✔ Consequential Damages
Direct Damages or Consequential Damages?
"Damages to customers." - - correct answer✨✔✔ Consequential Damages
Direct Damages or Consequential Damages?
"Rental of temporary generator to provide power for the Owner to meet its customer's needs." - -
correct answer✨✔✔ Consequential Damages
_____ Application: Owner needs to pay once for items negligently omitted. - - correct answer✨✔✔
Practical
ACCURATE EXAM QUESTIONS WITH DETAILED
VERIFIED ANSWERS (100% CORRECT ANSWERS)
/ALREADY GRADED A+
What are 2 common examples of Promissory Estoppel? - - correct answer✨✔✔ 1. Subcontractor bids
2. Teaming relationships
What case is this?
- Party sues for lost profits ($3-4 million)
- 5th Circuit found material facts in dispute that allowed party to maintain a promissory estoppel theory.
- - correct answer✨✔✔ Metroplexcore V. Parsons Transportation Group (2014)
_____ Damages: Award what was reasonably expected from the contract. - - correct answer✨✔✔
Expectation
_____ _____: When expectation damages not available, award what party would have had if contract
had not existed. - - correct answer✨✔✔ Rescission Damages
_____ ______ & _____ _____: If contract's subject is unique, a court may order that the breaching party
perform its obligations under that contract (specific performance) or stop doing something (injunction).
- - correct answer✨✔✔ Specific Performance & Injunctive Relief
_____ _____: Award of a reasonable sum of money (i.e., "what the claimant deserved") - - correct
answer✨✔✔ Quantum Meruit
,Damages cannot be speculative, and must be proven to a _____ degree of certainty. - - correct
answer✨✔✔ reasonable
The contract may NOT impose limitations on what can be claimed.
True or False? - - correct answer✨✔✔ False
- Liquidated damages.
- Limitations of liability.
- Improper default terminations.
- No damages for delay.
- Waivers of consequential damages.
These are all examples of Contractual _____. - - correct answer✨✔✔ Limitations
______ Damages: Arise from the consequences of a breach. - - correct answer✨✔✔ Consequential
_____ Damages create substantial financial exposure if something goes wrong. - - correct answer✨✔✔
Consequential
Consequential Damages demonstrates the importance of Contractual ______. - - correct answer✨✔✔
Waivers
Consequential Damages are distinct from "_____" Damages. - - correct answer✨✔✔ Direct
Direct Damages or Consequential Damages?
"Lost Profit on the project" - - correct answer✨✔✔ Direct Damages
, Direct Damages or Consequential Damages?
"Cost or repair the damage to the project." - - correct answer✨✔✔ Direct Damages
Direct Damages or Consequential Damages?
"Rental of temporary generator to meet power needs on project" - - correct answer✨✔✔ Direct
Damages
Direct Damages or Consequential Damages?
"Lost profits on other projects" - - correct answer✨✔✔ Consequential Damages
Direct Damages or Consequential Damages?
"Loss of rental income from tenants." - - correct answer✨✔✔ Consequential Damages
Direct Damages or Consequential Damages?
"Damages to customers." - - correct answer✨✔✔ Consequential Damages
Direct Damages or Consequential Damages?
"Rental of temporary generator to provide power for the Owner to meet its customer's needs." - -
correct answer✨✔✔ Consequential Damages
_____ Application: Owner needs to pay once for items negligently omitted. - - correct answer✨✔✔
Practical
