If a contractor obtains a loan from a lender to finance construction, how might the lender use an assignment to secure pay-back of the loan?
What will be an ideal response?
An assignment transfers the right to receive payment and effectuates a
change of ownership in the rights transferred. It is a more substantial
security than a promise. As the contractor performs and becomes entitled to
progress payments, those payments are made either directly to the lender or
by joint check to the contractor and lender.
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In the National Fuel Gas Code, how might a prohibited material or method appear?
What will be an ideal response?
Which of the following best describes works like The Travels of Sir John Mandeville?
a. autobiographical guidebooks to distant places b. religious books to be brought along on long journeys c. atlases with navigation and technological tips d. literary combinations of myth, history, and geography
Digital metershave ahigh impedance-high input resistance-of at least 10 megohms (10 million ohms).
Answer the following statement true (T) or false (F)
Skin exposure to concrete or mortar can cause _____
a. silicosis b. scoliosis c. cement dermatitis d. osmosis