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L4M3 Exam Dumps

L4M3 Exam Dumps

Commercial Contracting

Vendor: CIPS

Exam Name: Commercial Contracting

Questions with Answers: 189

Last Updated: 16-Jul-2024

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CIPS L4M3 Exam Questions

Commercial Contracting exams.

Question
Which of the following is the model form of contract for construction which is recommended by World Bank?
Choose the Choices:


Question
Which of the following are likely to feature within an outcome - specification? 1. Dimension 2. Performance requirement 3. Input material 4. Product function
Choose the Choices:


Question
XYZ Ltd is negotiating a long - term supply contract of important parts with a supplier. Dave, procurement manager teams up with Alla, legal manager to construct a service level agreement. Dave is concerned that poor performance of supplier may cause damages to the operations of the organisation. Which of the following can be used in conjunction with SLA to compensate the buying organisation in case of supplier's poor performance? 1. Warranties 2. Force majeure clauses 3. Penalty clauses 4. Service credits
Choose the Choices:


Question
In which of the following section of a specification, requirements for training to use the equipment will be set out?
Choose the Choices:


Question
In common law, which of the following documents is legally binding without the need for consideration?
Choose the Choices:


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