CIPS L4M3 Exam Dumps According to rule of contract formation

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Commercial Contracting Which of the following are reasons why a purchaser wants to embed a subcontracting clause into the main contract? Select TWO that apply: To induce the conflicts between the main contractor and subcontractors To improve supply chain transparency To reduce the main contract complexity To keep main contractor liable To condemn whole liabilities to subcontractors 40. In which of the following conditions, request for quotation produces the best results? With an ambiguous specification Under framework agreements Under a complex process With strategic items 41. When a contract has been agreed on the basis of a fraudulent misrepresentation, which of the following remedies are available? Damages only Rescission only An injunction only Both damages and rescission 42. Southwark is negotiating a contract with Orchard to provide software and IT services. Orchard will CIPS L4M3 Exam Dumps manufacture and install the products which are contractually supplied by IBM. Southwark’s procurement manager is worried that during the contract there would be some problems that they would not able to claim for damages from Orchard. Which of the following should be included in the head contract so that Southward can sue IBM, should the need arise? Negligence Indemnity Collateral warranty deed Insurance 43. According to rule of contract formation, which of the following is a valid acceptance? The person orally agrees to pay the offered price The person states that she is able to pay the offered price The person asks for a lower price The person says that she will think about it overnight 44.




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