1. Which of the following is an important subcontract term? Payment Dispute resolution 2. Why is it so important to stay

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1 Which Of The Following Is An Important Subcontract Term Payment Dispute Resolution 2 Why Is It So Important To Stay 1 (86.21 KiB) Viewed 43 times

1. Which of the following is an important subcontract term? Payment Dispute resolution 2. Why is it so important to stay out of court? Judge Judy is not nice Judges do not understand construction 3. Who wins in Court? The company that is right The company with an attorney Submit They are generally fair to both parties Submit True Submit Submit ✓X True or false... 5. Soil reports are always contract documents. Insurance Submit All of the above Court takes too much time and money and is not always fair 4. Why are standard form contract agreements preferable? They are inexpensive Juries hate contractors Usually no one All of the above They are easy None of the above False ✓X True or false... 6. Scope of work descriptions by GC's are often inaccurate due to carelessness of the GC. True True ✓X True or false... 7. Subcontractors can sue if they do not get paid in 30 days. Yes 8. Should a subcontractor sue if not paid in 30 days? Only if the work was performed perfectly Submit Sometimes Submit Yes It depends on the project Submit 10. Are bid auctions good for contractors? 9. As a subcontractor, should you participate in bid rigging? Submit False Submit False No None of the above No Only on public projects No None of the above