최신 L5M3 무료덤프 - CIPS Managing Contractual Risk

문제1

Which of the following would be included in a contract to assign costs and responsibilities be-tween buyer and seller when products are delivered?

A. Indemnity

B. Liability

C. Incoterms

D. Liquidated Damages

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제2

Jenny has received a written offer from a supplier. She emails them to clarify if they can do next day delivery. The supplier does not reply. The next day Jenny makes the payment. Has a contract been formed?

A. no- the clarification constitutes a conditional acceptance

B. yes- the supplier made an offer and Jenny accepted it by making a payment

C. no- a contract has not been signed

D. yes- a counter offer has been made

정답: B

설명: (DumpTOP 회원만 볼 수 있음)

문제3

Which of the following is a consensual form of dispute resolution?

A. adjudication

B. litigation

C. mediation

D. negotiation

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제4

An agreement in which an organisation is not accountable for any damages that occur during a contract is known as what?

A. liquidated damages

B. waiver of subrogation

C. hold harmless agreement

D. limited liability

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제5

Which of the following are a suitable course of action to take in the event of a minor breach of a contract? Select TWO

A. adjudication

B. collaboration

C. liquidated damages

D. litigation

E. progress meetings

정답: B,E

설명: (DumpTOP 회원만 볼 수 있음)

문제6

Which of the following will you put into box 6?

A. adjudication

B. litigation

C. arbitration

D. mediation

정답: D

설명: (DumpTOP 회원만 볼 수 있음)

문제7

Which of the following will you put into box 7?

A. Condition

B. Innominate Term

C. Warranty

정답: A

설명: (DumpTOP 회원만 볼 수 있음)

문제8

When a contract becomes 'crystalised' what does this mean?

A. a fundamental breach has occurred

B. a dispute has arisen which qualifies for resolution by adjudication

C. a minor dispute has occurred and has been resolved between the parties

D. the contract has been terminated

정답: B

설명: (DumpTOP 회원만 볼 수 있음)

문제9

Which of the following would constitute an offer? Select TWO:

A. a price proposal that is valid for 14 days

B. a bid on an auction

C. an advert on a website

D. an auction

E. a display in a shop window

정답: A,B

설명: (DumpTOP 회원만 볼 수 있음)

문제10

John is a chocolatier and has a big order of Easter Eggs coming up in April. He also creates chocolates to sell all year round in his shop, but Easter Eggs represent a large proportion of his profits each year. John's chocolate making machine has just broken and he has ordered a new one to be delivered in February. However due to a delay, the manufacturer of the new machine can't deliver until May. What course of action can John take?

A. John can claim for loss of his regular earnings but not for the easter eggs

B. John cannot claim for any loss as these are in the future and he doesn't know what these would be

C. John can claim for both the loss of the Easter Eggs and his regular earnings

D. John can claim for the loss of the Easter Eggs but not his regular earnings

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

최신 L5M3 무료덤프 - CIPS Managing Contractual Risk

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