BCN 3740 Legal Final Study Guide Set
Questions And Answers 2025|2026
Verified Graded A+ Already Passed!
A sub-contractor making a claim under a Florida Statue 255.05 bond
must file a notice of a performance and non-payment within___ days of
last furnishing service or materials to the job site - CORRECT ANSWER
answer-90
If a contract between an owner and general contractor has a well-
written and legally CORRECT ANSWER termination for convenience
clause favoring the owner - CORRECT ANSWER answer-The owner may
terminate and cancel the contract any time it wants so long as it makes
payment to the contractor for the work performed to date in
accordance with the termination clause of the contract, and pays the
general contractor
Third party beneficiaries of a Florida Statue 255.05 payment bond in
order words those parties that benefit from a payment bond include -
CORRECT ANSWER answer-- the subcontractor
- sub-subcontractor-
material supplier
, The time to file a claim against a Florida Statue 255.05 bond may be
extended if - CORRECT ANSWER answer-File a portion of the claim is for
retainage and certain conditions have not been satisfied
A bond for road construction under Florida Statue 337.18 requires a
sub-subcontractor furnish the contract with a notice of intent to look to
the bond - CORRECT ANSWER answer-No later than 90 days after
commencing to furnish work on the project
Under Florida Statue 337.18 for road construction lawsuits against the
contractor or surety bond within - CORRECT ANSWER answer-365 days
after the final acceptance of the contract work by the Florida
Department of Transportation
Chapter 558 of the Florida Statues applies to - CORRECT ANSWER
answer-any claim for legal relief for which the agreement to make the
improvement was made after October 1, 2009, and for which the basis
of the claim is a construction defect that has arisen after completion of
the building or improvement
Questions And Answers 2025|2026
Verified Graded A+ Already Passed!
A sub-contractor making a claim under a Florida Statue 255.05 bond
must file a notice of a performance and non-payment within___ days of
last furnishing service or materials to the job site - CORRECT ANSWER
answer-90
If a contract between an owner and general contractor has a well-
written and legally CORRECT ANSWER termination for convenience
clause favoring the owner - CORRECT ANSWER answer-The owner may
terminate and cancel the contract any time it wants so long as it makes
payment to the contractor for the work performed to date in
accordance with the termination clause of the contract, and pays the
general contractor
Third party beneficiaries of a Florida Statue 255.05 payment bond in
order words those parties that benefit from a payment bond include -
CORRECT ANSWER answer-- the subcontractor
- sub-subcontractor-
material supplier
, The time to file a claim against a Florida Statue 255.05 bond may be
extended if - CORRECT ANSWER answer-File a portion of the claim is for
retainage and certain conditions have not been satisfied
A bond for road construction under Florida Statue 337.18 requires a
sub-subcontractor furnish the contract with a notice of intent to look to
the bond - CORRECT ANSWER answer-No later than 90 days after
commencing to furnish work on the project
Under Florida Statue 337.18 for road construction lawsuits against the
contractor or surety bond within - CORRECT ANSWER answer-365 days
after the final acceptance of the contract work by the Florida
Department of Transportation
Chapter 558 of the Florida Statues applies to - CORRECT ANSWER
answer-any claim for legal relief for which the agreement to make the
improvement was made after October 1, 2009, and for which the basis
of the claim is a construction defect that has arisen after completion of
the building or improvement
