Which of the following item is very unlikely to be classified as “Force Majeure (FM)”?
A. Civil war in Libya
B. Coordination of subcontractors
C. Earth quake in Taiwan
D. Typhoon in Guangdong
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Which of the following item is CORRECT about termination?
A. Convenience termination provisions address the defaults of GC.
B. Default termination provisions refer to the owner’s termination without disclosing reasons.
C. The owner can involve the third party to complete the work if the original contract is terminated.
D. Provisions dealing with payment result from termination is not critical because GC and the owner can always bargain.
Which of the following is correct?
A. GC should always be liable for a delay.
B. Owners are gods therefore, owners should not be assumed liable for a delay.
C. Owners‘ support can be critical to the performance of a GC.
Which of the item is CORRECT?
A. It’s perfectly fine if no liquidated damage provision presents in construction contracts.
B. Allocating safety managerial roles and responsibilities is one of the major purpose of safety provisions.
C. Insurance provisions protect obligee; bond provisions protect the subject against risks.
D. One of the main purpose of insurance is to cover the loss results from non-performance of the obligor.
Which of the following dispute resolution approach is referred to as private remedy?
Arbitration
B. Litigation
C. Dispute review board
D. Reconciliation
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