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1. Which of the following statements best states your approach to litigation? A. Litigation is essential because it shows which party is morally right and

1. Which of the following statements best states your approach to litigation?

  • A.

Litigation is essential because it shows which party is morally right and which is wrong. Even where costly, litigating moral claims is what matters to most firms.

  • B.

Litigation serves as a final solution. It is also costly. Firms should use the tools available to them to help avoid it.

  • C.

The goal of legal understanding is to make sure your side will win in court. Therefore, being on the right side of the law is all that matters.

  • D.

Litigation serves as a final solution. Those firms that are on the right side of the law should not have any concerns about it.

2. Which of the following statements best captures the conceptual framework (i.e. mode of thinking) you should use when approaching the "cost" of a contract?

  • A.

Think of all parts of a contract as part of its overall risk profile, with price/cost as just one aspect of this. Focus on lowering the overall risk of the contract by using your understanding of how the various parts of the contract work together. This lesson is true no matter what country you practice in as an engineer.

  • B.

Think of price/cost as the most important part of contract risk. Focus on lowering price in order to achieve lower risk for your firm. This lesson is true no matter what country you practice in as an engineer.

3. Which best states the way you should interact with legal counsel after taking this course? [Mark only one answer choice]

  • A.

Your job as an engineering manager will be to focus on strategic priorities, company opportunities, unit profitability, and overall risk reduction. To accomplish these goals, you should work closely with legal counsel where possible, both listening to advice and sharing your ideas, needs, and expertise.

  • B.

Your job as an engineering manager will be to focus on strategic priorities, company opportunities, unit profitability, and overall risk reduction. To accomplish these goals, you should listen to direction from your legal counsel.

  • C.

Your job as an engineering manager will be to focus on strategic priorities, company opportunities, unit profitability, and overall risk reduction. Legal counsel handles narrow, technical matters that do not overlap with your job.

  • D.

After this course (heck, after just 3 class meetings with Professor Ward), you should feel free to practice law without any need for a lawyer.

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