4 - Engineering Contracts

Question 1

concerned with crimes (breach of statute or laws enacted by legislature) against the state or society; involved with punishment of individuals or groups by the state

Answer 1

Criminal Law

Question 2

concerned with torts (wrong done by one party to another) between individuals or groups; involved with judgments through the civil courts

Answer 2

Civil Law

Question 3

person that annoys or causes trouble

Answer 3

Nuisance

Question 4

lack of attention or care

Answer 4

Negligence

Question 5

to give an untrue idea

Answer 5

Misrepresentation

Question 6

acquiring financial advantage by means of deliberate deception

Answer 6

Fraud

Question 7

intrude upon another persons property without permission

Answer 7

Trespass

Question 8

A contract may be classified:

Answer 8

 as to origin 
 as to participation 
 as to obligation 
 as to completion status
  as to form 
 as to legal status

Question 9

– preliminary stage of negotiation until an agreement is reached.

Answer 9

Preparation or conception

Question 10

the moment both parties have agreed in all the terms and conditions of the contract.

Answer 10

Perfection or birth

Question 11

when the contract is performed and its terms fulfilled.

Answer 11

Consummation or death

Question 12

is the first step toward making a contract. The offer is the communication by one party of their intention to enter into a contract with another party.

Answer 12

Offer

Question 13

is the offer recipient’s consent to enter into the contract on the terms expressed by the person making the offer. Only the intended recipient can do this unless another party has been authorized to consent on the recipient’s behalf.

Answer 13

Acceptance

Question 14

refer to either a promise or money. It is a vital part of a contract because it is the basis or incentive for the parties to enter into the contract.
4

Answer 14

Consideration

Question 15

To establish one party’s competency to enter into a contract means to ensure that they have the capacity to knowingly and consensually enter into a contract. This means the party cannot be a minor, insane, drunk or on drugs when agreeing to enter into a contract.

Answer 15

Competency

Question 16

For a contract to be enforceable, both parties must understand the terms of the agreement, agree to them in the intended sense of the contract’s terms, and do so simultaneously.

Answer 16

Mutuality of obligation

Question 17

While competency is the legal establishment of a party’s ability to make an informed decision to enter into a contract, capacity refers to the more fundamental requirement that both parties to the contract be people.

Answer 17

Legal capacity -

Question 18

the terms and conditions are the real nuts and bolts of a contract. Terms and conditions establish obligations for both parties to the contract. They require that each party perform certain tasks in order to satisfy the contract’s terms.

Answer 18

Terms and conditions

Question 19

Contracts are the basis of business deals, negotiations, and projects. As the business world grows increasingly complex, people entering into the field need a wide range of knowledge and skills, including expertise on contracts but also on negotiation, team building, and more.

Answer 19

Project managers and contract knowledge