Whether It Is the Boeing V-22 Osprey or a Simple

question 41

Multiple Choice

Whether it is the Boeing V-22 Osprey or a simple storm door installation for a do-it-yourselfer,nothing is ever completed as quickly or as cheaply as initial estimates due to:

• A)Lack of definition.
• B)Low initial estimates.
• C)Specification changes.
• D)Unexpected technical difficulties.

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Definitions:

Oral Contract

An agreement between parties that is spoken and not written, yet is legally binding unless specifically required by law to be written.

Enforceable

Capable of being executed or imposed in accordance with legal or contractual requirements.

Debt

Money owed by one party, the debtor, to another party, the creditor; an obligation to pay or do something.

Enforceable

Legally binding; capable of being upheld or imposed in a court of law.