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Managing Contractual Risk
Last Update Apr 18, 2024
Total Questions : 120
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CIPS L5M3
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What is the purpose of a liability clause in a contract?
An exchange of written documents between a buyer and supplier, each detailing their own Terms and Conditions is known as the Battle of the Forms. Who generally wins the Battle?
ABC has a contract with its supplier DEF who delivers pasta to ABC's manufacturing plant. DEF has committed a breach and conflict resolution has taken place. The Court has awarded ABC 'specific performance' damages. What could this involve?
TESTED 19 Apr 2024
