DBIA EXAM #3 NEWEST 2024/2025
COMPLETE QUESTIONS AND CORRECT
VERIFIED ANSWERS| WELL GRADED
A+|| LATEST UPDATE
What 3 categories are the Best Practices organized into? - CORRECT ANSWERS-1.
Procurement
2. Contracting
3. Execution
If these Best Practices are NOT implemented, there is an increased _____ that the
project's performance will be _____ and that some or all of the stakeholders will be
_____. - CORRECT ANSWERS-- probability
- compromised
- disappointed.
_____ and _____ contracts are fundamental to any delivery process. - CORRECT
ANSWERS-- Fair
- Clear
Contracting principles apply to contracts of those working within the _____ _____ -
CORRECT ANSWERS-DB Team
This chapter has ___ Best Practices and ___ Implementing Techniques. - CORRECT
ANSWERS-- 3
- 18
Contracts used on DB projects should be _____, _____, and _____ and should promote
the _____ aspects inherent in the DB process. - CORRECT ANSWERS-- fair
- balanced
- clear
- collaborative
The contract between the _____ and the ______ _____ should address the _____
aspects of the DB process, including expected standards of care for design services. -
CORRECT ANSWERS-- Owner
- Design-Builder
- unique
,The contracts between the _____ _____ and _____ _____ should address the _____
aspects of the DB process. - CORRECT ANSWERS-- Design-Builder
- Team Members
- unique
Design-Build Done Right is the _____ of every DBIA certification course! - CORRECT
ANSWERS-core
What are the 4 types of law? - CORRECT ANSWERS-1. Contract Law
2. Tort Law
3. Statutes and regulations
4. Common Law
_____ Law is based on the use of precedent. - CORRECT ANSWERS-Common
Arbitration and mediation results don't provide direct _____. - CORRECT ANSWERS-
precedent
_____: a party offers to contract with one another. - CORRECT ANSWERS-Offer
_____: a party accepts the other party's offer. - CORRECT ANSWERS-Acceptance
_____: value exchanged for performance. - CORRECT ANSWERS-Consideration
_____: the party making the contract must be legally able to do so - CORRECT
ANSWERS-Capacity
_____: the individual forming the contract must have authority to do so - CORRECT
ANSWERS-Authority
What are the 5 requirements for a valid contract? - CORRECT ANSWERS-1. Offer
2. Acceptance
3. Consideration
4. Capacity
5. Authority
Offers must demonstrate an expression of _____ to contract on certain terms. -
CORRECT ANSWERS-willingness
The response to an RFP is an example of a(n) _____. - CORRECT ANSWERS-Offer
What 2 things can nullify an offer? - CORRECT ANSWERS-1. Varying/additional terms
2. Counteroffers
Oral contracts can be valid.
, True or False? - CORRECT ANSWERS-True
Oral contracts can be valid on what 2 requirements? - CORRECT ANSWERS-1.
Material terms of contract are clearly established.
2. Parties demonstrate intention to be bound by those material terms
_____ ______ contracting rule makes it very difficult to create an Oral contract. -
CORRECT ANSWERS-Public Sector
_____ _____ _____ mandates that certain types of contracts be written. - CORRECT
ANSWERS-Statute of Frauds
What is an example of a contract that the Statute of Frauds mandates to be written? -
CORRECT ANSWERS-contracts that are impossible to complete within one year
"Where a contract does not fix a definite price, there must be a definite method for
_____ it." - CORRECT ANSWERS-ascertaining
What case is this?
- NAVFAC project.
- Party's $5.2 million price used by other party in bid, but the project is awarded to other.
- Statute of Frauds found applicable. - CORRECT ANSWERS-Trident V. Austin (2003)
Contracts created by conduct that is contrary to public sector are _____.
enforceable or unenforceable? - CORRECT ANSWERS-unenforceable
What are 2 examples of an unenforceable contract that is contrary to public policy? -
CORRECT ANSWERS-- Duress
- Misrepresentation and Fraud
Which of the following terms may be found contrary to public policy?
a.) Indemnity
b.) Limitations of Liability
c.) Advanced waivers of lien rights.
d.) No damages for delay.
e.) All of the above. - CORRECT ANSWERS-e.) All of the above.
_____ _____: Means of protecting a party who is reliant on someone's actions. -
CORRECT ANSWERS-Promissory Estoppel
What are 2 common examples of Promissory Estoppel? - CORRECT ANSWERS-1.
Subcontractor bids
COMPLETE QUESTIONS AND CORRECT
VERIFIED ANSWERS| WELL GRADED
A+|| LATEST UPDATE
What 3 categories are the Best Practices organized into? - CORRECT ANSWERS-1.
Procurement
2. Contracting
3. Execution
If these Best Practices are NOT implemented, there is an increased _____ that the
project's performance will be _____ and that some or all of the stakeholders will be
_____. - CORRECT ANSWERS-- probability
- compromised
- disappointed.
_____ and _____ contracts are fundamental to any delivery process. - CORRECT
ANSWERS-- Fair
- Clear
Contracting principles apply to contracts of those working within the _____ _____ -
CORRECT ANSWERS-DB Team
This chapter has ___ Best Practices and ___ Implementing Techniques. - CORRECT
ANSWERS-- 3
- 18
Contracts used on DB projects should be _____, _____, and _____ and should promote
the _____ aspects inherent in the DB process. - CORRECT ANSWERS-- fair
- balanced
- clear
- collaborative
The contract between the _____ and the ______ _____ should address the _____
aspects of the DB process, including expected standards of care for design services. -
CORRECT ANSWERS-- Owner
- Design-Builder
- unique
,The contracts between the _____ _____ and _____ _____ should address the _____
aspects of the DB process. - CORRECT ANSWERS-- Design-Builder
- Team Members
- unique
Design-Build Done Right is the _____ of every DBIA certification course! - CORRECT
ANSWERS-core
What are the 4 types of law? - CORRECT ANSWERS-1. Contract Law
2. Tort Law
3. Statutes and regulations
4. Common Law
_____ Law is based on the use of precedent. - CORRECT ANSWERS-Common
Arbitration and mediation results don't provide direct _____. - CORRECT ANSWERS-
precedent
_____: a party offers to contract with one another. - CORRECT ANSWERS-Offer
_____: a party accepts the other party's offer. - CORRECT ANSWERS-Acceptance
_____: value exchanged for performance. - CORRECT ANSWERS-Consideration
_____: the party making the contract must be legally able to do so - CORRECT
ANSWERS-Capacity
_____: the individual forming the contract must have authority to do so - CORRECT
ANSWERS-Authority
What are the 5 requirements for a valid contract? - CORRECT ANSWERS-1. Offer
2. Acceptance
3. Consideration
4. Capacity
5. Authority
Offers must demonstrate an expression of _____ to contract on certain terms. -
CORRECT ANSWERS-willingness
The response to an RFP is an example of a(n) _____. - CORRECT ANSWERS-Offer
What 2 things can nullify an offer? - CORRECT ANSWERS-1. Varying/additional terms
2. Counteroffers
Oral contracts can be valid.
, True or False? - CORRECT ANSWERS-True
Oral contracts can be valid on what 2 requirements? - CORRECT ANSWERS-1.
Material terms of contract are clearly established.
2. Parties demonstrate intention to be bound by those material terms
_____ ______ contracting rule makes it very difficult to create an Oral contract. -
CORRECT ANSWERS-Public Sector
_____ _____ _____ mandates that certain types of contracts be written. - CORRECT
ANSWERS-Statute of Frauds
What is an example of a contract that the Statute of Frauds mandates to be written? -
CORRECT ANSWERS-contracts that are impossible to complete within one year
"Where a contract does not fix a definite price, there must be a definite method for
_____ it." - CORRECT ANSWERS-ascertaining
What case is this?
- NAVFAC project.
- Party's $5.2 million price used by other party in bid, but the project is awarded to other.
- Statute of Frauds found applicable. - CORRECT ANSWERS-Trident V. Austin (2003)
Contracts created by conduct that is contrary to public sector are _____.
enforceable or unenforceable? - CORRECT ANSWERS-unenforceable
What are 2 examples of an unenforceable contract that is contrary to public policy? -
CORRECT ANSWERS-- Duress
- Misrepresentation and Fraud
Which of the following terms may be found contrary to public policy?
a.) Indemnity
b.) Limitations of Liability
c.) Advanced waivers of lien rights.
d.) No damages for delay.
e.) All of the above. - CORRECT ANSWERS-e.) All of the above.
_____ _____: Means of protecting a party who is reliant on someone's actions. -
CORRECT ANSWERS-Promissory Estoppel
What are 2 common examples of Promissory Estoppel? - CORRECT ANSWERS-1.
Subcontractor bids
