CON 1100V - Final Exam (Latest Update
) questions and Verified
Answers 100% Correct
Which of the following types of authority usually includes authority to do what is usual,
customary, and necessary to accomplish an action?
Situational authority
Express actual authority
Implied actual authority
Apparent authority - correct answer Implied actual authority
Which Federal Acquisition Regulation (FAR) part states that market research is
required?
FAR part 10
FAR part 45
FAR part 15
FAR part 18 - correct answer FAR part 10
Which of the following is considered an essential element of a contract?
, Mutual exclusivity
Business acumen
Consideration
Usability framework - correct answer Consideration
Which essential element of a contract states that a contract cannot be enforced if any
term of the agreement is against the law?
Legal competence or capacity
Lawful purpose
Mutual assent
Consideration - correct answer Lawful purpose
Which of the following is NOT an essential element of a contract?
Capacity
Mutual assent
Permission
Lawful purpose - correct answer Permission
Which of the following types of authority is NOT recognized by the courts as applicable
to the government?
) questions and Verified
Answers 100% Correct
Which of the following types of authority usually includes authority to do what is usual,
customary, and necessary to accomplish an action?
Situational authority
Express actual authority
Implied actual authority
Apparent authority - correct answer Implied actual authority
Which Federal Acquisition Regulation (FAR) part states that market research is
required?
FAR part 10
FAR part 45
FAR part 15
FAR part 18 - correct answer FAR part 10
Which of the following is considered an essential element of a contract?
, Mutual exclusivity
Business acumen
Consideration
Usability framework - correct answer Consideration
Which essential element of a contract states that a contract cannot be enforced if any
term of the agreement is against the law?
Legal competence or capacity
Lawful purpose
Mutual assent
Consideration - correct answer Lawful purpose
Which of the following is NOT an essential element of a contract?
Capacity
Mutual assent
Permission
Lawful purpose - correct answer Permission
Which of the following types of authority is NOT recognized by the courts as applicable
to the government?
