Answers (Latest Update 2026)
Broad form indemnity -
correct answer ✅requires one party to assume the obligation to
pay for another party's liability even though that other party is
solely at fault. One of the key indicators an indemnity agreement in
___________ is the inclusion of the phrase "caused in whole or in
part."
Intermediate Form indemnity -
correct answer ✅indemnifies a party for its own negligence,
except if that party is solely at fault. A key indicator an indemnity
agreement in the __________ is the inclusion of the phrase
"caused in part."
Limited Form Indemnity -
correct answer ✅is not really indemnity at all since it does not
indemnify a party for its own negligence. The key phrase to look out
for with ________ is "only to the extent."
Indemnity -
correct answer ✅is a contractual obligation of one party to
compensate the loss occurred to the other party due to the act of
the one under _________ or any other party
, CNST 4302 Exam 1 Questions and
Answers (Latest Update 2026)
Quantum Meruit -
correct answer ✅as much as deserved; an action brought for the
value of the services rendered the defendant when there was no
express contract as to the purchase price
Promissory Estoppel -
correct answer ✅is the legal principle that a promise is
enforceable by law, even if made without formal consideration,
when a promisor has made a promise to a promisee who then
relies on that promise to his subsequent detriment
AIA Document A201 -
correct answer ✅The general conditions are an integral part of the
contract for construction for a large project and they are
incorporated by reference into the owner/contractor agreement.
They set forth the rights, responsibilities, and relationships of the
owner, contractor, and architect. Though not a party to the contract
for construction between owner and contractor, the architect
participates in the preparation of the contract documents and
performs construction phase duties and responsibilities described
in detail in the general conditions
is adopted by reference in owner/architect, owner/contractor, and
contractor/subcontractor agreements in the Conventional _____