GOVT 406 FINAL EXAM Questions and Answers 2024 - Liberty University Online Academy
5 views 0 purchase
Course
GOVT 406 (GOVT406)
Institution
Abacus College, Oxford
GOVT 406 FINAL EXAM Questions and Answers 2024 - Liberty University Online Academy/GOVT 406 FINAL EXAM Questions and Answers 2024 - Liberty University Online Academy
Covers the Textbook material from Module 8: Week 8.
Contains 50 multiple-choice, short answer, and true/false questions.
Is limited to 4 hours.
Allows 1 attempt.
Is worth 100 points.
Open book / open notes
Submit this assignment by 11:59 p.m. (ET) on Monday of Module 8: Week 8.
Attempt History
Attempt Time Score
LATEST Attempt 1 104 minutes 56 out of 100 *
* Some questions not yet graded
Correct answers are hidden.
,Score for this quiz: 56 out of 100 *
Submitted Mar 8 at 3:55pm
This attempt took 104 minutes.
IncorrectQuestion 1
pts
Strong Construction accepted bids for its bid to build homes in the Hillcrest
Development. Fred’s Framing submitted a bid that Strong used in his bid.
Strong got the project and then Fred’s backed out of its bid. Which of the
following is correct with respect to Strong’s rights?
Fred’s only made an offer, so it is free to withdraw
Fred’s is bound to perform for the bid price submitted
Fred’s is bound to perform, but can raise the price
Fred’s is bound to perform if Strong accepted
Question 2
pts
Saxon Estates is a subdivision of single-family homes. All of the homes in
Saxon Estate are the same color on the outside stucco with the same flat-tile
roofs. When the real estate market experienced a downturn in 2008, the
builder went bankrupt and 27 lots remained in Saxon Estates with no houses
on them. As individuals began to buy the lots from the bankruptcy trustee
and build homes on those lots, they were using colors different from the one
color and not all were installing tile roofs. The existing homeowners are
concerned about the effect these homes with different external components
will have on the value of their homes. Which of the following best describes
their situation?
Unless there were CCRs requiring the external design elements there is
nothing the homeowners can do
, Unless the buyers from the bankruptcy trustees were told about the pattern
on the external appearance, they need not comply
The doctrine of equitable servitudes provides the homeowners with
protection for the consistency of their development
The homeowners have no protections when a ghost development is turned
over to a new developer
Question 3
pts
TG&I Industries, Inc., has had a portion of its factory site designated as a
CERCLA clean-up area. The cost of the clean-up will be $675,000. The
assessor has valued TG&I's plant at $7,000,000. TG&I wants that value
reduced by the $675,000.
It is against public policy to give TG&I a credit for environmental clean-up
costs.
TG&I is entitled to the credit of $675,000 only if it did not contaminate the
site.
TG&I is entitled to a $675,000 credit.
TG&I is entitled to one-half of $675,000 as a credit.
IncorrectQuestion 4
pts
A master-planned community:
Is unconstitutional.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller VEVA2K. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $23.99. You're not tied to anything after your purchase.
