DBIA EXAM 3: DBIA EXAM 3 Study Guide: Questions & Answers: Updated Solution

What are 2 examples of privity of contract needed to sue a party for economic losses? (Ans- 1. delay damages 2. Cost to correct defects Application is determined on a state-by-state basis (not valid in all states) True or False? (Ans- True The Economic Loss Doctrine is applicable to personal injury. True or False. (Ans- False The _____ has a professional standard of care. (Ans- DesignerThe _____ has the duty to build what is in the plans and specs. (Ans- Builder The _____ assumes risk of non-negligent design defects when it has separate contracts with the builder and designer. (Ans- Owner _____ _____: Provides the following implied warranties-- Plans and specs furnished are accurate and are suitable for intended purpose. (Ans- Spearin Doctrine The Spearin Doctrine is judicially recognized at both state and federal level. True or False? (Ans- True What case is this? - State argued that Spearin did not apply to CMAR Contract. - Appellate court found that Spearin did apply to CMAR. (Ans- Coughlin Electrical Contractors V. Gilbane (2015)______ _____: Owner causes performance of work beyond scope of contract but does not recognize contractor's entitlement to a change order. (Ans- Constructive Changes