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1. True or False? Dollar limits for construction insurance should be established by the Architect/Engineer. 2. True or False? Requirements for Bid Bond are expressed

1. True or False? Dollar limits for construction insurance should be established by the Architect/Engineer.

2. True or False? Requirements for Bid Bond are expressed as a percentage of the bid amount.

5. True or False? Special warranties are expanded requirements fulfilled by subcontractors and product manufacturers.

10. True or False? Laws governing warranties, guarantees, and sureties vary from state to state.

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