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Which clause typically allows a contractor to avoid responsibility for the owner’s actions in a subcontract?

Force Majeure events such as natural disasters are typically considered excusable delays under the Delays and Suspension of Work Clause.

An unlicensed subcontractor can still be fully compensated under The Doctrine of “Quantum Meruit”.

What does the Waiver of Consequential Damages Clause typically cover?

A Conventional Joint Venture’s financial reports need to reflect only the JV project.

Promissory Estoppel may apply even if the subcontractor has not confirmed they will do the work.

A mistake of judgment allows a bidder to withdraw their bid.

Which contract type ensures the final price of work is known from the beginning?

In a Conventional Joint Venture, all participants share liability and profits.

Subcontracts include only express warranties.