COSC 463 Exam 1 Questions With Correct Answers.

COSC 463 Exam 1 Questions With Correct
Answers
Contract |- |CORRECT |ANSWER✔✔-Law |dealing |with |a |set |of |promises |made |by |one |party |to |
another, |the |breach |or |upholding |of |that |particular |set |of |promises



Breach |of |Contract |- |CORRECT |ANSWER✔✔-When |one |party |fails |to |execute |what |they |agreed
|upon, |without |justification |or |reason




Breach |of |Contract |- |CORRECT |ANSWER✔✔-In |a |situation |where |a |contractor |fails |to |use |the |
specified |trim |paint |color, |or |its |failure |to |complete |the |work |on |time, |what |has |taken |place?



Express |obligations |- |CORRECT |ANSWER✔✔-Obligations |that |are |spelled |out |in |the |agreement |
or |contract



Implied |obligations |- |CORRECT |ANSWER✔✔-Obligations |that |are |less |obvious, |but |just |as |
important, |including |good |faith |and |cooperation



Cooperation |- |CORRECT |ANSWER✔✔-What |is |a |common |example |of |an |implied |obligation |
within |a |construction |contract?



implied |obligation, |cooperation |- |CORRECT |ANSWER✔✔-When |an |owner |does |not |allow |the |
contractor |access |to |the |site |in |order |to |perform |its |work, |a |hinderance |of |duties |is |present |as
|a |result |of |violating |a(n) |___________, |specifically |__________




f |- |CORRECT |ANSWER✔✔-T/F

The |fact |that |the |common |law |of |contracts |is |grounded |in |legal |precedent |helps |provide |
certainty |in |commercial |transactions |and |may |suggest |that |construction |law |does |not |evolve.

,Tort |- |CORRECT |ANSWER✔✔-A |civil |wrong, |for |which |the |court |will |provide |a |remedy |in |the |
form |of |an |action |for |damages

A |civil |action |commenced |and |maintained |by |the |injured |party |itself



negligent, |intentional, |strict |liability |- |CORRECT |ANSWER✔✔-What |are |the |three |categories |of |
torts?



Intentional |Tort |- |CORRECT |ANSWER✔✔-A |tort |where |the |wrongdoer |either |expressly |or |by |
implication |intended |the |act |that |resulted |the |injury



Conversion |- |CORRECT |ANSWER✔✔-Intentional |tort |where |the |interference |with |the |property |
of |another |to |the |extent |that |the |wrongdoer |deprives |the |owner |of |possession



Breach |of |contract |- |CORRECT |ANSWER✔✔-What |does |not |fall |under |the |penumbra |of |a |tort



Negligence |- |CORRECT |ANSWER✔✔-Lack |of |due |diligence |or |care



negligence |- |CORRECT |ANSWER✔✔-Considering |that |a |design |professional |owes |a |duty |of |
competence |to |everyone, |what |violation |will |a |design |professional |be |charged |with |if |
unqualified |to |design?



Strict |Liability |- |CORRECT |ANSWER✔✔-Liability |without |regard |to |fault

A |voluntary |party |involved |with |this |clause |will |be |responsible |for |any |liability, |regardless |of |
who |the |fault |belongs |to



Demolition |- |CORRECT |ANSWER✔✔-What |is |a |good |example |of |a |strict |liability |activity?



Regulatory |Law |- |CORRECT |ANSWER✔✔-Also |referred |to |as |statutory |laws, |enacted |by |
governing |bodies |with |the |authority |to |create |laws

, I.e. |licensing |and |building |codes



Criminal |Law |- |CORRECT |ANSWER✔✔-Dealing |with |actions |that |affect |the |general |public



Regulatory |- |CORRECT |ANSWER✔✔-What |kinds |of |laws |are |licensing |and |building |codes?



Statutory, |Contract, |Tort |- |CORRECT |ANSWER✔✔-What |are |the |3 |main |categories |of |law |that |
apply |within |the |construction |industry?



Contract |- |CORRECT |ANSWER✔✔-The |foundation |of |virtually |every |relationship |in |the |
construction |industry



Whistleblower |- |CORRECT |ANSWER✔✔-a |person |who |informs |on |a |person |or |organization |
engaged |in |an |illicit |activity



Respondeat |Superior |- |CORRECT |ANSWER✔✔-holds |an |employer |or |principal |legally |
responsible |for |the |wrongful |acts |of |an |employee



Privity |of |Contract |- |CORRECT |ANSWER✔✔-Only |parties |within |the |contract |can |enforce |it



Contract |interpretation |- |CORRECT |ANSWER✔✔-The |process |of |determining |what |the |parties' |
agreed |to |in |their |contract



Contract |interpretation |- |CORRECT |ANSWER✔✔-Involves |deciding |the |meanings |of |words, |
filling |in |gaps, |and |resolving |conflicts |within |a |contract



5 |- |CORRECT |ANSWER✔✔-How |many |conditions |must |a |contract |follow |in |order |to |be |
enforceable |by |law?