41. The amount of money paid to the contractor by the client after the agreement and before the execution of work is known as: A) Mobilization B) Advance C) Payment of first running bill D) Security money

41. The amount of money paid to the contractor by the client after the agreement and before the execution of work is known as: A) Mobilization B) Advance C) Payment of first running bill D) Security money

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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Concept explainers

Classification of Legal Structure

The first step for the establishment of any company is to find a suitable legal structure. To determine the appropriate legal structure for a specific company or a venture, professional guidance is necessary for the deep understanding of various structure classifications, long-term targets, and certain choices. The categorization of different business legal structures comprises liability implications, income and taxation considerations for the company owners.

Question

47. The amount of money paid to the contractor by the client after
the agreement and before the execution of work is known as:
A) Mobilization
B) Advance
C) Payment of first running bill
D) Security money

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