Ethics Test Flashcards
It is consist in the omission of the diligence which is required by the nature of the obligation
Negligence
It cleanses the contract of its defects, in legal effects a winner of one’s right to annul the voidable contract
Ratification
Awarded to vindicate or recognize the right of the plaintiff which has been violated and not necessary to indemnify him for any loss suffered
Nominal Damages
Required by public policy, for want on acts that must be suppressed.
Exemplary damages
Are those which may be recovered when the court finds that some pecuniary loss has been suffered but its amount cannot, from the nature of the case, be proved with certainty
Temperate damages
The period of time allowed the contractor by the client in addition to the stipulated contract time necessitated by a duly issued extra work or change order
Additional contract time
Complains regarding unethical practices against interior designers are directed to the:
Chairman, Specialty Board of Interior Design
A government entity created under P.D. No. 223 to administer, implement and enforce the various regulatory laws and policies of the government relative to various professions.
PRC
Design studies to describe a recommended solution of the problem in overall sense is a
Schematics
Additional labor,materials, supplies and other incidentals necessary to complete works but not originally called for in the contract is
Extra work
The Professional Organization of Interior Design in the Philippines is the
PIID
A written additional information, provision, and/ or other document issued by the client prior to the closing date for the receipt of bids, which is made an integral part of the tender and Contract Documents
Bid Tender
Medium used for gauging and controlling construction activities
CPM
A more comprehensive system of time scheduling and permits a more realistic analysis of the daily problems of construction project.
Timetable
The period of time allowed by the owner the delay suffered by the contractor due to courses beyond his control
Contract time extension
An agreement by virtue of which the owner of a credit transfer his credit and its accessory right to another who acquired the power to enforce it to the same extent or the assignor duly approved by the client
Deed of Assignment
The stipulated period of time within which the contractor shall complete the contact works
Original Contract Time
A written notice to the contractor of the date on which he is to begin the prosecution of the works he has contracted
Notice to Proceed
A written notice from the owner to the successful Bidder stating that its Bid as been accepted and that, in accordance with the terms of the tender/bid documents, he is required to enter into contract and to furnish the required performance bond and other stipulated documents
Notice to Proceed
The amount of credit extended the contractor by a bank of the other financing institution to cover the projected expenditures for out of pocket equipment rentals, material, etc. in the amount prescribed by the owner
Credit line
The Difference between schedule and actual accomplishment per approved PERT / CPM and approved revisions, thereof, usually indicated in percentage
Slippage
The individual, partnership, firm or corporation, joint venture, association or syndicate having a direct contract with the contractor for furnishing service under the contract duly approved by the owner
Joint venture
Graphical presentation of the work involved in the project
Schematics
The person of firm whose proposal has been accepted and to whom the contract was awarded
Contractor
