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  • Exam Name: Contract Administration
  • Last Update: 18-May-2024
  • Questions and Answers: 90
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L3M3 Questions and Answers

Question # 1

Where the buying organisation’s contract manager feels that a contractor has under-performed, which one of the following actions is normally not recommended?

A.

Implementing any liquidated damages clause in the contract

B.

Issuing a termination notice

C.

Serving a deficiency notice to indicate the significance of the situation

D.

Offering a bonus payment for remedying any defects

Question # 2

A contract clause indicating damages to be recovered in the event of under-performance, with the proposed damages being a genuine pre-estimate of loss, is called a:

A.

Punitive damages clause

B.

Liquidated damages clause

C.

Penalty clause

D.

Unliquidated damages clause

Question # 3

Qualitative research / data can accurately be described as XXX rather than 'counting'. What is XXX?

A.

Prying

B.

Probing

C.

Enumerating

D.

Summarising

Question # 4

Which one of the following could not be classed as a form of performance specification?

A.

Functional

B.

Outcome-focused

C.

Output-based

D.

Input-driven

Question # 5

Win-win style negotiations are said to be:

A.

Collaborative

B.

Cohesive

C.

Coherent

D.

Conducive

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