What types of coverage are provided under a guarantee?What types under a warranty?

Q: Define the term mediation?

A: The term mediation is defined as a consensual method of conflict resolution between parties in which…

Q: Is risk management important in the management of construction or IT projects?

A: Yes, Risk management is very much important in the management of construction or IT projects. both…

Q: Under what conditions might an oral change order be valid and binding?

A: A change order is a work that has been removed or attached to the original contract of work, but…

Q: What are the Methods and procedures for providing tiebacks?

A: Various types of restrained wall systems such as tiebacks, screw anchors, dead men anchors, soil…

Q: What are the disadvantages of the certificate of compliances of products?a

A: There are various disadvantages of the certificate of compliance product some of them are mentioned…

Q: Do the contractors have the right to file claims?

A: Yes, the contractors have the right to file claims.

Q: What are the different types of permits required in a construction project?

A: Different types of permits required in construction project: Building projects are regulated…

Q: Describe the two types of warranties recognized by the law?

A: Two basic types of warranties are Implied warranties and express warranties.

Q: What Employer Liability Insurance?

A: The employer liability insurance is a type of policy coverage which covers the cost such as medical…

Q: How is Standard Builder's Risk Insurance important?

A: In construction projects, builder's risk insurance is a type of property insurance that covers the…

Q: Classify some of the  claims issues?

A: The construction claim is defined as a claim against the owner, by the contractor, or a claim…

Q: How does BIM impact construction administration?

A: Building Information Modelling (BIM) is a virtual illustration of a facility 's spatial and…

Q: What is meant by the following terms?a. Yellow-dog contractb. Agency shopc. Subcontractor clause

A: a) Yellow Dog Contract:- The contract in which the employee is asked by employer to sign an…

Q: What is Builder's risk insurance?a

A: It is a kind of insurance in Contract.

Q: What are the alternative methods for dispute resolution?

A: Alternative dispute resolution is a method for resolving conflicts outside of the courtroom or…

Q: What type of insurance protects against legal liability to public?

A: Liability insurance offers protection from claims that result from injury and harm to individuals…

Q: will be able to benefit from a particular type of equipment he will purchase even if that type is…

A: The contractor can acheive required productivity and work can be done with same level by the…

Q: What is conditional waiver?

A: The lien waiver is a legal document that is executed when a person wants to give up their right to…

Q: What did the report on other legal and regulatory requirements include?

A:

Q: What is cost-of-service pricing? What is the relationship between value-of-service pricing and…

A: In type of cost-of-service pricing can be simply described as the cost for providing a particular…

Q: What are the payment provisions under the construction act?

A: The construction act allows each worker under a construction contract to accept payment in stage…

Q: Is it preferable to establish a filing system for an entire company or agency?

A: - A filing system is a type of system of keeping all the central record for an organisation or…

Q: How is mediation used as the dispute resolution tool?

A: The term mediation is defined as it is a consensual method of dispute resolution between parties in…

Q: What types of dispute resolution are there?

A: Dispute resolution refers to the process of resolving the conflict or dispute between concerned…

Q: What are the requirements of the specifications that call for certificates of compliance?

A: The  certificate which gives the information that the company or organization has met certain sets…

Q: Which is one of the insurance form usually recommended for construction?why?

A: Construction insurance is a wide category of insurance policies which provide security throughout…

Q: What are the ancillary permits to supplement the Building Permits?

A: The goal of ancillary permits would be to ensure that the appropriate expert is held responsible in…

Q: Question 2: (a) Occassionally I have been asked by a contractor or other professional to sign and…

A: a. As per National Society of Professional Engineer (NSPE) "responsible charge" is defined by…

Q: Which of the following is NOT a method of termination? Rectification Agreement Frustration Breach

A: Answer:- Rectification is not a method of Termination  Explaination:-  Rectification in contract law…

Q: What are the benefits of Employer Liability Insurance?

A: Employer Liability Insurance It is useful for a person/owner when one of his/her workers meets with…

Q: Differentiate between the conditional waiver and nonconditional waiver?

A: A construction lien waiver is a legal document that states a party waives future lien rights against…

Q: Discuss the role of the Contract Administrator as the Employer's Agent and as an independent…

A: Hi! Thank you for the question. As per the honor code, we’ll answer the first question since the…

Q: What is the Spectrum of Risk?

A: The process of undertaking risks in the construction project to get returns in some certain amount…

Q: Is the Special Provisions concept limited to public agencies?

A: No, the Special Provision concept is not limited to Public Agencies, which is generally government…

Q: What are the express warranties?

A: Express Waeeanties:

Q: True or false? A public agency can do only that which the law allows or prescribes.

A: A public agency is any commission, administration, department, board, authority or other independent…

Q: Can a change order be issued at any time after the award of the contract?

A: A change order is a document which is used to record a modification to the original construction…

Q: Describe the Standard Builder's Risk Insurance?

A: Builder's risk insurance seems to be a specialised form of property insurance which helps cover…

Q: Explain the statement 'submittal of evidence insurance'?

A: The proof of valid insurance with an insurance company which is provided to another individual for…

Q: What is Contractors All Risk Insurance?

A: Contractors all risk insurance is defined as an insurance policy in which all the risks during…

Q: What are the payment provisions under NEC?

A: The first standout modification is that the contractor currently has associate degree obligation to…

Q: What are Prejob Agreements?

A: Pre-job agreements are the letter that contains information regarding company policies,…

Q: What is Employers Liability Insurance?

A: Employers' liability insurance is also known as employment practices liability insurance which used…

Q: Name the six categories of risk.

A: The term risk is an aspect of action which has been taken even with uncertainty. The risk can also…

Q: In Ontario the Health Protection and Promotions Act gives power to:

A: solution In Ontario the health protection and promotion act the powers are given to the  MEDICAL…

Q: you can only sign and seal plans over which you have had responsible charge, but what is meant by…

A: Responsible Charge  Responsible charge is nothing but the direct control and personal supervision of…

Q: in case there's an abiguity in an contract whose interpretation shall govern/be favored?

A: The following interpretation will be used in the event of an ambiguity in a contract. Unambiguous…

Classification of Legal Structure

The first step for the establishment of any company is to find a suitable legal structure. To determine the appropriate legal structure for a specific company or a venture, professional guidance is necessary for the deep understanding of various structure classifications, long-term targets, and certain choices. The categorization of different business legal structures comprises liability implications, income and taxation considerations for the company owners.