CIPS L5M3
Q: 1
A large financial organisation ensures that they have contracts with all of their suppliers. In which
instance would indemnity not necessarily form part of the contract?
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Q: 2
Which of the following is a source of breach in a contract?
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Q: 3
George is a procurement manager at a manufacturing company and is reviewing a contract he has
with a supplier. He notes that there are multiple appendices to the contract and there is no
Precedence of Documents. What does this mean for the contract?
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Q: 4
Which of the following will you put into box 2?
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Q: 5
What is the purpose of a liability clause in a contract?
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Q: 6
John is a chocolatier and has a big order of Easter Eggs coming up in April. He also creates chocolates
to sell all year round in his shop, but Easter Eggs represent a large proportion of his profits each year.
John's chocolate making machine has just broken and he has ordered a new one to be delivered in
February. However due to a delay, the manufacturer of the new machine can't deliver until May.
What course of action can John take?
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Q: 7
What is the first stage in conflict resolution?
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Q: 8
Which of the following statements are TRUE about negotiation? Select THREE
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Q: 9
When a contract becomes 'crystalised' what does this mean?
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Q: 10
Which of the following will you put into box 7?
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Question 1 of 10
