Question 1

A professional member wishing to use a former employer's confidential Information:

Options :

A : is still bound by the duty of confidence concept.

B :

may disclose the information to others as long as the employee advises the former employer of the disclosure.

C : may submit the matter for an arbitration ruling.

D : must refrain from using it for a minimum of one year.

Answer: A

Question 2

A "letter of Intent" can be considered an enforceable contract, provided It:

Options :

A : contains essential terms of a contract.

B : is dated and witnessed by both parties.

C : has been prepared by a legally competent parson.

D : Includes representations and warrants.

Answer: A

Question 3

Which of the following actions cannot be taken by the professional association when It considers applications for the registration of applicants in accordance with the association's Act?

Options :

A : Deny the registration

B : Approve the registration

C : Defer approval of the registration

D : Prevent the applicant from any future registration

Answer: D

Question 4

Tenders have been solicited for the design and construction of three large, urban infrastructure projects. All three projects are expected to commence simultaneously. Given the large scope and tight timeline for each Individual project, only throe consulting firms have the experience and resources required to realistically bid and execute on any one of these projects. In response, the licensed professionals in charge of the bid process for each of the three consulting firms meet privately and orally agree on a collective bid strategy whereby each firm will be the successful bidder for one of the three projects.

Options :

A : No because the bids were derived through collusion and illegal bid-rigging.

B : No because bids generated by way of oral agreements are not legally binding.

C : Yes because oral bid agreements performed and witnessed by professionals are legally binding.

D :

Yes because the project scope, timelines, and limited human capital available required collaboration between firms

Answer: A

Question 5

The fundamental purpose of a contract is to

Options :

A : allocate money among the parties to the contract

B : outline the scope of the project being undertaken

C : provide a basis to make a Judgment in the evert of a conflict

D : allocate obligations, responsibilities, and risk between contract parties

Answer: D