L4M3 Questions | Free Practice L4M3 Dumps & Exam Prep

Question No 1

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

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Question No 2

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

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Question No 3

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

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1 and 3 only

3 and 4 only

1 and 2 only

4 and 2 only Answer: C Explanation: Service level agreement often sets out the minimum quality standards of the services provided, remedies if that standards are not met, consequences if the targets are exceeded. Penalty clauses and service credits are remedies that are often used in conjunction with service level agreement to ensure the performance and to compensate the purchaser if targets are not met. Reference: CIPS study guide page 110 LO 2, AC 2.2

Question No 4

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

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Question No 5

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

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