Explain four elements of a valid contract

Assignment Help Other Subject
Reference no: EM132588246

QUESTION 1 -

a) Define the term law.

b) State 5 sources of law.

c) Define the term contract.

d) Describe three type of contracts based on validity.

e) Briefly describe the following in relation to contract planning.

i. Bill of quantities

ii. Lump sum

iii. Firm or fixed price

QUESTION 2 -

a) Explain four elements of a valid contract.

b) State three reasons why a contract may be terminated.

c) Explain the law of tort.

d) Explain the following types of tort.

i. intentional tort

ii. Negligence tort

QUESTION 3 -

a) Define the following terms

i. Tender

ii. Tenderer

b) State four types of tenders.

c) Explain what is e-tendering and state three benefits of e- tendering.

d) State three advantages of tendering.

e) State three conditions which may lead to disqualification of a tender.

QUESTION 4 -

a) State four essential clauses in a tendering advert.

b) Describe the steps involved in the tendering process.

c) Methods of obtaining tender.

d) State four requirements during estimating.

Reference no: EM132588246

Questions Cloud

Is ethical for a company to repurchase own shares : Knowledge of its own prospects over all other stock market participants. Is it ethical for a company to repurchase its own shares as treasury stock?
Find what will be the optimal cash return point : Purchase of marketable securities to be $180 per transaction what will be the optimal cash return point round your answer to two decimal points
What is the stock price using the dividend discount model : What would happen to the P/E ratio (P/E1) and stock price if the company increased its retention rate to 60% (holding all else constant)?
Why was this engaging or successful : Why was this engaging or successful? Were there weaknesses in Clay's presentation?
Explain four elements of a valid contract : Explain four elements of a valid contract. State three reasons why a contract may be terminated. Explain the law of tort
Industry specialization as the model : Using your industry specialization as the model, explain how sustainable competitive advantage can be achieved through knowledge and resources
Explain guided imagery : Explain guided imagery and how can it be incorporated into an early childhood curriculum?
How does shelf position influence oreo sales : Logistic regression falls under the umbrella of discrete choice theory. Do some research and in your own words explain what this is.
Understanding the unique aspects of development : How understanding the unique aspects of development guide you to engage and meet the academic abilities of students with various learning abilities?

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd