The Owner Is Required to Provide Payment Bond to the GC

question 70

Multiple Choice

The owner is required to provide payment bond to the GC whose bid has been accepted

• A)when the owner gives the notice to GC to proceed with the work.
• B)within one week of the GC commencing construction.
• C)when the GC provides performance bond to the owner.
• D)at the time of executing the owner- GC agreement.
• E)none of the above.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.