최신 L4M3 무료덤프 - CIPS Commercial Contracting

문제1

Which of the following best defines an 'express' term in general contract arrangements?

A. It is a standard set of terms and conditions published by CIPS

B. It is not necessarily discussed by the parties, but nonetheless forms part of the contract

C. It is the term that is added to the contract by the law or based upon the facts of the case.

D. It is clearly agreed between the parties, and is virtually always written down in the contract

정답: D

설명: (DumpTOP 회원만 볼 수 있음)

문제2

Which of the following are driving forces for increasing use of social and environmental criteria in specifications? Select TWO that apply.,

A. Insufficient financial resources

B. Process efficiencies

C. Scarcity of environmentally sustainable suppliers

D. Stakeholder pressure

E. Carbon footprint measure

정답: B,D

설명: (DumpTOP 회원만 볼 수 있음)

문제3

In which scenarios would it be appropriate for a procurement organisation to include contractual indexation and/or price adjustment formulae clauses in a services contract? Select TWO that apply.

A. The supplier's preference is to switch to a more expensive material specification

B. The material components were tendered as fixed costs for the term

C. The supplier's directors shall be paid dividends during the term

D. The supplier's contract staffing costs will be subject to regulatory increase

E. The market rates for the supplier's material costs will vary during the term

정답: A,C,D,E

설명: (DumpTOP 회원만 볼 수 있음)

문제4

Which of the following is a benefit to the buyer of using model form contracts?

A. The terms used are advantageous to the buyer

B. Most suppliers are unfamiliar with the terms used

C. It reduces time and costs in developing a formal contract

D. No legal advice is required as variations are not accepted

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제5

Which of the following statement is true about one-off contract?

A. Ad-hoc purchase is not a type of one-off purchase

B. One-off contracts only apply to low-value, low-risk purchase

C. One-off contracts can be used for services and works

D. Suppliers have many opportunities to improve the quality during the performance of one-off contract

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제6

Bandpro is a reseller of branded computer products to the private and public sector. The procurement team must purchase 500 items each day solely by multiple phone calls and emails to suppliers. Due to this practice, it takes a lot of time to track and collect relevant documents.Some important documents even get lost, which makes procurement audit more burdensome. Which of the following would increase the robustness of audit trails in procurement activities?

A. Every evidence must be recorded by paper

B. Rectify non-compliant activities

C. Adopt e-procurement

D. Spend less time on auditing procurement procedures

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제7

To expand its operation, Steel Co. decides to build a new plant. Despite of excitement, the senior management is very concerned about the complexity and risks of such project. Hugo, the procurement manager, suggests that the company can adopt a model form of contract. What is the advantage of using model form of contract?

A. The company does not need to draft the drawings as well as specification anymore

B. The company could avoid the need to draft a complex contract from blank

C. Model form of contract eliminates the need for legal advice totally

D. It shifts the balance of power in the favour of the buyer rather than the contractor

정답: B

설명: (DumpTOP 회원만 볼 수 있음)

문제8

A procurement professional is drafting payment terms for a commercial contract. He is considering about payment method if defective products are found. Which of the following should be embedded in payment terms to control this issue?

A. Retention clause

B. Remedies for late payment

C. Pay-less notice

D. Invoice preparation

정답: A

설명: (DumpTOP 회원만 볼 수 있음)

문제9

Which of the following will always give rise to a claim of misrepresentation?
1. Silence
2. False thought
3. Statement of fact
4. Representation by conduct

A. 2 and 4 only

B. 1 and 2 only

C. 3 and 4 only

D. 1 and 3 only

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제10

Which of the following is the reason why liquidated damage clauses are embedded into a contract?

A. To penalise the supplier for their wrongdoing

B. Because liquidated damages are the only remedy

C. To avoid argument on correct measure of damage

D. Because compensation will be awarded immediately

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

최신 L4M3 무료덤프 - CIPS Commercial Contracting

우리와 연락하기

유용한 링크

최신 업데이트