CIPS Commercial Contracting - L4M3 FREE EXAM DUMPS QUESTIONS & ANSWERS

A senior procurement specialist in UK is preparing a specification in which ISO standards are used to send to global suppliers. Is this action appropriate?

Maximum Score 1
A purchase order has been raised for £5,000. It allows the user department to order items of a £50 value when they need them. This is an example of what type of order?

The model form contract invented by Institute of Civil Engineers is...?

A supermarket purchases a new batch of house cleaner from new supplier. The supermarket is concerned about possible damage that the house cleaner may cause to consumers' floor. What type of insurance must they cover?

Which of the following are always considered as minimum preconditions for a contract? Select TWO that apply:

Since services are intangible, so KPIs for services must be qualitative in all circumstances. Is this statement correct?

Esther Francis has recently changed job from a supply role at Shine Cleaning Services (SCS) to a purchasing role at Southern Commercial Property (SCP).
Esther requires industry technical input to develop a cleaning services requirements specification for her new employer. Esther Francis wants to include her former employer SCS, in a market engagement exercise to inform the specification. Which of the following would be the most appropriate way to deal with the conflict of interest?

Which of the following are likely to be advantages of using invitation to tender? Select TWO that apply:

In the UK, Unfair Contract Terms Act 1977 regulates which of the following?

Which of the following should include in the service level agreement that is an appendix of a contract?
1. How often the service is measured
2. Minimum qualification of supplier staffs
3. Remedies to resolve dispute
4. On time service delivery

Which of the following clauses addresses fraud, bribery and corruption?
The Company has undertaken commercially reasonable efforts to eliminate Conflict Minerals from each Company Product and any products currently proposed to be manufactured by the Company or on its behalf in the future. "Conflict Minerals" means columbite-tantalite (coltan),cassiterite, gold, wolframite, or their derivatives, which originate in the Democratic Republic of the Congo or other country the exploitation and trade of which is determined by the United States to be financing conflict in the Democratic Republic of the Congo or other country.

Which of the following KPIs is qualitative?
1. Openness and co-operation of supplier
2. Responsiveness of supplier
3. Customer satisfactory ratings
4. Cost management
5. OTIF deliveries

Which of the following are advantages of using a model form contract in negotiations between buyer and seller?
These contracts can save time in negotiations
Each contract is approved by the courts
These contracts are appropriate for all complexities
The contracts are well-known to both parties

Which of the following are likely to be express terms in a contract?
1. Legislation
2. Custom and practice
3. Contract particulars
4. Terms and conditions