Contract drafting Samenvattingen, Aantekeningen en Examens

Defense Acquisition University: ACQ- ACQ 1010 All modules Exams 1-10 Answered and graded 100% score; Latest Fall 2022. Test – ACQ 1010 Module 1 Exam: Systems Acquisition Management Overview 1. Select the Department of Defense’s (DoD’s) decision-support system described as: “this is the process by which the Department of Defense (DoD) identifies, assesses and prioritizes the capabilities the military requires to fulfill its mission and is often referred to as the requirements generat...

Describe at least two requirements under TRELA. (Ans- Act created by Texas Congress 1) All professionals are licensed 2) Use same policy, procedures, and forms. Providing correct documentations and forms during a transaction. TREC wanted to get things standardized. TREC was created in 1949 and that's when it began administrating TRELA. Real Estate Dealers license Act was enacted in 1939 for salesperson and brokers. TRELA is the present act which is active and administered until present day. ...

Procurement Method Determination correct answer: Step 2 of identifying the appropriate procurement method and if applicable issue a solicitation. Procurement Planning correct answer: Step 1 of defining the business need and establish the procurement objectives. Contract Management correct answer: 5th step of administer and enforce the terms of the contract. Contract formation and award correct answer: 4th step ensure that the awarded contract complies with applicable procurement law...

Contemporary Canadian Business Law 12Ed. By John A Willes, John H Willes -Complete, Elaborated and Latest - Test Bank & Solutions Manual MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A sophisticated client A) does not require the services of a lawyer. B) is someone with formal legal training. C) distrusts and derides lawyers. D) understands the importance of the solicitor-client relationship. E) should represent themselves, rather than...

State agencies must post solicitations to ESBD with a value of ____________? correct answer: $25,000 The majority of SPD contracts are processed through what system? correct answer: Texas Smartbuy Vendor Performance Tracking System is required at what level? correct answer: $25,000 Agency procurement plans are due annually on 11/30? correct answer: True _________ is an explicit act of using one's position to favor a relative. correct answer: Nepotism Consanguinity & Affinity...

CLC 033 Questions and Answers with Certified Solutions Why is this continuous learning module necessary? Consider the following: Existing Department of Defense (DOD) contracting professionals could benefit from additional coverage of contract format and contract line item structure. The introduction of personal computers has decentralized contract drafting, resulting in more people being made responsible for constructing contracts. The downsizing of the DOD workforce has resulted ...

What is a contract? CORRECT ANSWER A legally binding agreement between two or more persons, competent at law to enter into such agreement, for consideration or value, to do or refrain from doing something lawful. True or false? An oral contract for the acquisition or disposition of any interest in the land is enforceable. CORRECT ANSWER False. Any contract in real estate is required to be in writing. When drafting a contract, what does The Statute of Frauds require? CORRECT ANSWER - Must b...

What is a contract? - correct answer A legally binding agreement between two or more persons, competent at law to enter into such agreement, for consideration or value, to do or refrain from doing something lawful. True or false? An oral contract for the acquisition or disposition of any interest in the land is enforceable. - correct answer False. Any contract in real estate is required to be in writing. When drafting a contract, what does The Statute of Frauds require? - correct answ...

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Property & Casualty (Arkansas) Abandonment Condition - correct answer States that the insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full value. Absolute Liability - correct answer Imposed by law on those participating in certain activities that are considered especially hazardous; a person involved in such matters may be considered liable even if they weren't negligent. Accident - correct answer A loss that occurs at a specific time and place ...