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发表于 2008-12-22 14:11
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45. which statement is true in the following:
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+ G" d1 A) g5 c. }& D& C- `A. Sub-subcontractor qualify as a claimant under a standard form CCDC labour and material payment bond;
% a3 ~' h$ n: n! c) t+ Z! YB. The limitation periods available to the contractor may not be available to the surety;
# g+ a9 @: L4 @2 zC. The limitation periods available to the surety may not be available to the principal;
f5 R5 p, x5 x zD. labour and material payment bond is not a one-tier bond.! R/ ]9 s0 q; s9 l d( j
9 s+ S) V n+ w j' \1 n$ c/ O46. Who may be an obligee under a bonding contract?
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A. the general contractor 6 w, A+ F; |0 o7 e$ V
B. a private owner
1 ? d, r) C+ J9 Y4 w$ A+ MC. the government 6 V, Q+ t, R( W! R3 e2 P$ m D
D. all of the above
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47. A bidder bid $80 and then refused to enter into a contract with the owner. The other three bidders bid $88, $90, and $100. The owner accepted the $90 bid. The face value of the bid bond was $9. How much is the surety required to pay the owner?
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# B1 |" b, k- j* M0 Y2 s& B. XA. $20
7 |6 d+ c( G: i2 X# v# T3 Z/ kB. $9
5 |+ D' ]) ~1 _: ~1 {. d2 S- dC. $8
$ p) R" n7 k t0 ^& dD. $10 |
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