Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 18, 2024

Why does a contractor need insurance in addition to a construction bond? In your answer, describe the two categories of contractor insurance and why they

Why does a contractor need insurance in addition to a construction bond? In your answer, describe the two categories of contractor insurance and why they are important. Also, explain why this is also important to the owner.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Smith and Roberson Business Law

Authors: Richard A. Mann, Barry S. Roberts

15th Edition

1285141903, 1285141903, 9781285141909, 978-0538473637

More Books

Students also viewed these Law questions

Question

Unit code(s) CHCAGE001 Unit title(s) Facilitate the empowerment of older people Unit Study Guide This Study Guide includes learning materials and further resources to assist you in your program of...

Answered: 1 week ago

Question

Question: What as the average weekly safety inventory level of refined sugar from the beginning January 2022 to the end of July 2022? A. 512,465.9691 metric tons per week B. 316,002.1474 metric tons...

Answered: 1 week ago

Question

★★★★★

1 What are the main components of personal financial planning? Solve What is the purpose of a financial plan? Solve Identify some common actions taken to achieve financial goals. How does a job...

Answered: 1 week ago

Question

★★★★★

. Suppose that the city of New York issues bonds to raise money to pay for a new tunnel linking New Jersey and Manhattan. An investor named Susan buys one of the bonds on the same day that the city...

Answered: 1 week ago

Question

★★★★★

Downtime in manufacturing is costly and can result in late deliveries, backlogs, failure to meet orders, and even loss of market share. Suppose a manufacturing plant has been averaging 23 minutes of...

Answered: 1 week ago

Question

★★★★★

2. What do most U.S. consumers do online?

Answered: 1 week ago

Question

★★★★★

What happens to the value of (a) ???? when the sample size is increased? (b) ???? when the sample size is increased? (c) the power of a test when the sample size is increased?

Answered: 1 week ago

Question

★★★★★

Shark School Supply Corporation was organized in 2011. It was authorized to issue 200,000 shares of no-par common stock with a stated value of $5 per share, and 40,000 shares of $100 par value, 6...

Answered: 1 week ago

Question

★★★★★

Question 33 (4 points) On January 1, 2020, Surfs Up has beginning inventory Of 800 swimsuits, Surfs Up estimates it will sell 5,000 units during the first quarter of 2020 with a 15% increase in sales...

Answered: 1 week ago

Question

★★★★★

Autism Action Research Capstone Project Part 5: Researcher Role, Ethical Considerations, and Project Planning: As part of the capstone requirements, design an Autism Action Research Project that is...

Answered: 1 week ago

Question

★★★★★

Management of the Swifty Corporation would like the Food Division to transfer 9200 cans of its final product to the Restaurant Division for $22. The Food Division sells the product to customers for...

Answered: 1 week ago

Question

★★★★★

A merchant obtains the retail price of an item by adding 20% to the wholesale price. Later, he has a sale and marks every item down 20% from the retail price. Is the sale price the same as the...

Answered: 1 week ago

Question

★★★★★

One gallon equals 4 quarts. The following program intends to read a floating-point value from input, convert the value from quarts to gallons, and output the volume in gallons, but the code contains...

Answered: 1 week ago

Question

★★★★★

Cash $ 120,000 Accounts receivable 48,000 Maintenance expense 22,000 Advertising expense 17,360 Fees earned 128,800 Lisa Assaad, Capital, April 1 ? Salaries expense 61,000 Machinery 93,000 Accounts...

Answered: 1 week ago

Question

★★★★★

Question 2 (20 marks) A vertical sag curve 220 m long connects a falling gradient of 5 in 100 and a rising gradient of 3 in 100. The RL and chainage of the gradient intersection point (I) is 90m and...

Answered: 1 week ago

Question

★★★★★

(b) A stock price is currently $100. Over each of the next two six-month periods it is expected to go up by 10% or down by 10%. The risk-free interest rate is 8% per annum with annual compounding...

Answered: 1 week ago

Question

★★★★★

Discuss recommendations you would make to chief financial officers (CFOs) of retailers, service providers, and other businesses that lease several locations or have substantial leases of real estate...

Answered: 1 week ago

Question

★★★★★

What are the two methods used to translate financial statements and how does the functional currency play a role in determining which method is used?

Answered: 1 week ago

Question

★★★★★

Try to involve everyone in the discussion and make frequent, meaningful contributions to the group.

Answered: 1 week ago

Question

★★★★★

Expand the number of ideas and alternatives using various techniques.

Answered: 1 week ago

Question

★★★★★

1. Most people find an argument interesting and exciting.

Answered: 1 week ago

Previous Question Next Question