Legal aspects exam questions well answered to pass, Exams of Nursing

Download Legal aspects exam questions well answered to pass and more Exams Nursing in PDF only on Docsity! Legal aspects exam The right or authority granted over a geographical region: - correct answer ✔✔Jurisdiction Type of law which is written and set by our governmental legislature: - correct answer ✔✔Statute Law Which type of contracts do we typically use in construction (hint, there are 2) - correct answer ✔✔Bilateral and Express A term which indicates a contract can become binding in spite of no formal agreement being in place - a contract exists based mostly on actions/behaviors of parties. - correct answer ✔✔Estoppel A contract element which allows for agreement on basic meaning and legal implications of the contract, and eliminates "mistakes of fact" prior to entering into contract: - correct answer ✔✔Meeting of the minds A government entity (not in all states) cannot be sued without its consent due to: - correct answer ✔✔Sovereign Immunity T or F: To form a Proprietorship, formal documents are required to establish the business. - correct answer ✔✔False T or F: An oral agreement is a sufficient means of forming a Partnership (meaning no formal documentation is required). - correct answer ✔✔True A legal entity (or business) created to act as an individual, and is also viewed as an artificial tax-paying individual. - correct answer ✔✔corporation Contracting method where an owner hires a Contractor and Design Firm (Architect/Engineer) as a single contract to utilize the construction firm's experience in the designing phases. - correct answer ✔✔Design/build GC or CM at risk: High risk/ High reward - correct answer ✔✔GC GC or CM at risk: More open-book style of cost control. - correct answer ✔✔CM at risk GC or CM at risk: Allows for Contractor input during design - correct answer ✔✔CM at risk GC or CM at risk: Plans and Specs should be close to 100% complete before construction starts (or before Contractor sees them at least) - correct answer ✔✔GC GC or CM at risk: Incentivizes Contractor to abuse Subs, cut corners and look for loopholes - correct answer ✔✔GC GC or CM at risk: May risk losing money in pre-construction due to amount of time spent on it and not see the project actually take place - correct answer ✔✔CM at risk GC or CM at risk: Seen as having a stronger and fair market competition for bidding. - correct answer ✔✔GC GC or CM at risk: Low Risk/Low Reward - correct answer ✔✔CM at risk GC or CM at risk: Typically stronger relationship environment between the Owner/AE/Contractor - correct answer ✔✔CM at risk Which type of lien waiver states that full payment has been received and there is no claim of lien against the homeowners' property. - correct answer ✔✔Full Unconditional