Free APEGS NPPE Exam Questions

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Total 112 Questions | Updated On: May 03, 2024

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Question 1

Which of the following phrases describes a fluty that professionals have to care for the Interests of other carries over their own interests and to not act against the Interests of the other party?

A : Duty to warn

B : Fiduciary duty

C : Breach of duty

D : Risk reduction duty

Answer: B

Question 2

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

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 two of the seven steps of a Qualifications-Based Selection (QB5) process for hiring consultants are given in the order in which they should be followed?

A : Request for Qualifications (RFQ) should be followed by Request for Proposals (RFP).

B : Contract fee should be negotiated prior to Issuing a Request for Qualifications (RFQ).

C : Terms of the contract should be negotiated prior to developing a detailed scope of the project.

D : Detailed scope of the project should first be defined by the client and then Request for Qualification (RFQ) should be issued.

Answer: A

Question 4

The fundamental purpose of a contract is to

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

Question 5

Professional geoscientist Bev has been a contract employee for ABC Mining Co. for the past eight years. Recently, she was the lead due diligence investigator on the potential acquisition of the Bon u view Mine. XYZ Mining, a major competitor of ABC Mining, subsequently acquires the Beau view Mine. Shortly thereafter, Bev's manager Indicates that there may soon be a downsizing In ABC Mining's geology deportment due to the unsuccessful acquisition of the Beouview Mine. The next day, XYZ Mining offers Bev a position identical to the one she has with ABC Mining but with a batter overall compensation package. What action should Bev take to ensure that this offer is handled ethically?

A : Disclose to her manager at ABC Mining that she has been offered a job opportunity while she considers the XYZ Mining offer.

B : Give her notice of resignation well in advance of the time Indicated in her contract once she accepts the XYZ Mining offer.

C : Disclose XYZ Mining's job offer terms to her manager at ABC Mining while she considers the XYZ Mining offer.

D : Assure ABC Mining that there will be no conflict of Interest after starting the new Job at XYZ Mining.

Answer: A

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Total 112 Questions | Updated On: May 03, 2024

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