최신 L5M3 무료덤프 - CIPS Managing Contractual Risk

문제1

Which of the following will you put into box 4?

A. payment terms

B. anticipatory breach

C. fundamental breach

D. specification

정답: D

설명: (DumpTOP 회원만 볼 수 있음)

문제2

Which of the following conflict resolution styles may involve a private caucus and a joint ses-sion?

A. adjudication

B. litigation

C. mediation

D. negotiation

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제3

Sally is shopping and sees an advert in a travel agent's window that says that flights to Malta are 50% off. She enters the shop and begins to speak to a travel agent who informs her that the poster she'd seen is out of date. Is the travel agent obliged to give Sally the discounted flight?

A. yes- the offer was displayed and therefore must be honoured

B. yes- the offer is valid until another offer or counter offer is provided

C. no - the advert is an invitation to treat

D. no- the offer has been rescinded

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제4

Which of the following will you put into box 8?

A. adjudication

B. litigation

C. arbitration

D. mediation

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제5

Fishfingers Ltd has a contract with a supplier of cod. When the contract was set up it was not known how important specific delivery times would be for the arrival of the fish. After several months it has now become apparent that delivering the fish within 3 hours of them being caught is fundamental to the contract as delayed delivery results in poorer quality Fish Fingers. When the contract was set up what was the delivery times?

A. an innominate term

B. a time is of the essence clause

C. a warranty

D. a condition of the contract

정답: A

설명: (DumpTOP 회원만 볼 수 있음)

문제6

When there has been a major breach in a contract, the contract will be terminated. Is this statement true?

A. no- the contract can continue if the offending party proves that further breaches won't occur

B. yes- the contract will be terminated and damages sought

C. no- the contract can be affirmed by the injured party

D. yes- the contract must be terminated as there is no means by which the contract could continue after a major breach

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제7

Which of the following statements about adjudication is true?

A. the decision made by the adjudicator is binding and usually communicated within 28 days

B. parties are expected to present their cases in person in front of the adjudicator

C. the decision making process can be lengthy and expensive

D. adjudicators are appointed at random and therefore may not have specific knowledge of the subject matter

정답: A

설명: (DumpTOP 회원만 볼 수 있음)

최신 L5M3 무료덤프 - CIPS Managing Contractual Risk

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