DBIA EXAM 3 LATEST 2023 – 2024 ACTUAL EXAM 200 QUESTION AND CORRECT ANSWERS VERIFIED ANSWERS ALREADY GRADED A+

DBIA EXAM 3 LATEST 2023 – 2024 ACTUAL
EXAM 200 QUESTION AND CORRECT
ANSWERS VERIFIED ANSWERS ALREADY
GRADED A+
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 ANSWERSprecedent
_____: 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