The following item(s) is / are CORRECT about arbitration.
A. This is a private decision- making process involving a third party.
B. Its decisions are almost always final and binding.
C. Duration of this approach is normally far shorter than court trials.
D. Arbitration awards are normally appealable.
查看答案
Which of the following is INCORRECT about alternative dispute resolution?
A. In mediation, parties engage a neutral person to serve as a mediator.
B. A mini-trial normally engages a jury.
C. The parties normally form a three-members dispute adjudication board according to the contract.
D. The mediator’s recommendation to the dispute is final and binding.
_______refers to the situation where there is a common understanding of the formation of the contract.
A. “Meeting of the minds”
B. “Bid shopping”
C. “Unbalanced bids”
D. “An offer”
_____ is a project delivery method in which the owner contracts with separate entities for the design and construction of a project.
A. Design-Bid-Build (DBB)
B. Design-Build (DB)
C. Engineering-Procurement-Construction
Design-Build-Operate-Maintain (DBOM)
The following item(s) is/are NOT the most common reasons for construction company business failures.
A. Insufficient capital
B. Low employee turnover
C. Poor accounting system
D. Lack of early warning measures
微信支付 
支付宝支付