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Questions and Answers
Which party is encouraged to consult with an attorney regarding the completion or modification of the agreement?
Which party is encouraged to consult with an attorney regarding the completion or modification of the agreement?
- The Contractor
- Both the Contractor and the Subcontractor (correct)
- The Owner
- The Subcontractor
What is the purpose of the Prime Contract?
What is the purpose of the Prime Contract?
- To establish legal consequences for the parties involved
- To specify the completion or modification of the agreement
- To encourage consultation with an attorney
- To provide labor, materials, equipment, and services for the Project (correct)
What is the legal status of the Contractor and Subcontractor?
What is the legal status of the Contractor and Subcontractor?
- Corporations
- Partnerships
- The text does not specify (correct)
- Sole Proprietorships
What is the purpose of Document A401®?
What is the purpose of Document A401®?
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What is the recommended action regarding the completion or modification of the agreement?
What is the recommended action regarding the completion or modification of the agreement?
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