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NJ QPA Exam 2021(UPDATED) Question and answers 100% correct

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NJ QPA Exam 2021(UPDATED) Question and answers 100% correct Dillion's Rule (1868) - correct answer states that local governments do not have any inherent sovereignty and instead must be authorized by state governments that can create or abolish them Cooley Doctrine - correct answer Local gover...

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  • 9 février 2024
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Par: ilonakvarga • 6 mois de cela

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NJ QPA Exam 2021

Dillion's Rule (1868) - correct answer states that local governments do not have any inherent
sovereignty and instead must be authorized by state governments that can create or abolish them



Cooley Doctrine - correct answer Local government is a matter of absolute right and the state may not
take it away.



Forms of NJ Municipal Government - correct answer Boroughs, Commissions, Municipal Mgr, Town,
Township, Village, and Cities. Optional Faulkner Act.



What is 'common rule'? - correct answer State and cities are required to adhere to Federal laws. Must
do the stricter of the them.



The purpose of the Uniform Commercial Code: - correct answer a. to simplify, clarify and modernize the
law governing commercial transaction; b. to permit the continued expansion of commercial practices
through custom, usage and agreement of the parties; and c. to make uniform the law among the various
jurisdictions.



What is the 'Battle of the forms'? - correct answer The battle of the forms generally refers to the
situation where buyers send out purchase orders and sellers respond with sales acknowledgement
forms but, although the fronts of the documents basically match up, the backs are fundamentally
different.



warranty of title - correct answer The seller warrants that the title being conveyed is good and that the
transfer is lawful.



Expressed Warranty - correct answer an oral or written statement by the seller



Implied Warranty of Fitness for a Particular Purpose - correct answer Seller is aware of the purpose of
the need of buyer and that the buyer expects those goods to meet that need.

, 3 Ways agents are given authority - correct answer 1. Express Authority - Public Purchasing must be in
writing. 2. Implied Authority - Unstated but necessary to perform one's duty for an employer. 3.
Apparent Authority - Supplier believes authority exists and is not told otherwise.



Nature of Contract - correct answer Is either expressed or implied. It is promise(s) that the Law of
Contracts recognizes and a remedy is available for breach.



Basic characteristics of a contract - correct answer Any agreement, written (PO)or otherwise, that is
legally binding, in which a vendor is providing goods or services in exchange for compensation.



Four elements must be present in any contractual situation - correct answer 1. Capable parties 2.
Mutual Consent 3. Lawful Objective 4. Sufficient reason to contract (consideration)



To form a contract there must the following: - correct answer 1. Offer 2. Acceptance 3. Consideration



Contract Conditions. Define Guarantee and Warranty - correct answer Guarantee is to reduce buyer's
sense of risk. Warranty is a promise of certain quality and conform to certain standards. To protect
buyer from poor workmanship and defects.



Types of Contracts - correct answer 1. Firm Fixed Pricing 2. Agreement with Escalation Provisions 3.
Open Ended 4. Lease 5. Lease with an option to purchase 6. Time and Material



Methods of selecting vendors - correct answer 1. Competitive Contracting 2. Proprietary 3. Competitive
Quote 4. Emergency Contract 5.Competitive Sealed Bidding



Define Public Purchasing - correct answer Process of obtaining goods and services for the public in
accordance with law and procedures in an effort to spend public funds in the most economical way
possible.



The six R's - correct answer Right Quality

Right Quantity

Right Time

Right Price

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