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- Question 38
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Question 38/40
Which of the following will you put into box 7?
Correct Answer: B
The correct answers are as follows:
Arbitration - this is a binding resolution made by a third party. This answer could be litigation, but that option has been taken by box 6 and you can only use the answers once. Mediation would not be a binding resolution and negotiation doesn't involve a third party.
Arbitration - this is a binding resolution made by a third party. This answer could be litigation, but that option has been taken by box 6 and you can only use the answers once. Mediation would not be a binding resolution and negotiation doesn't involve a third party.
- Question List (40q)
- Question 1: A buyer and supplier have a contract and the supplier has co...
- Question 2: David is selling his house and Barbera would like to buy it....
- Question 3: Sarah is a baker and orders free-range eggs from a local sup...
- Question 4: Restitution damages are often calculated before contracts ar...
- Question 5: An agreement in which an organisation is not accountable for...
- Question 6: Which of the following will you put into box 1?...
- Question 7: Tyrone Enterprises has just come out of a meeting with one o...
- Question 8: A breach of representation by party A in a contract would al...
- Question 9: If a party is to 'repudiate' a contract, what does this mean...
- Question 10: What is the purpose of a liability clause in a contract?...
- Question 11: Which of the following would not be considered a contract? S...
- Question 12: Which of the following conflict resolution styles may involv...
- Question 13: When assessing damages caused by a breach, which of the foll...
- Question 14: Where two parties are engaged in international trade and hav...
- Question 15: What is the name given to a term in a contract where one par...
- Question 16: Which of the following will you put into box 7?...
- Question 17: When considering consequential loss, can a cap be placed on ...
- Question 18: Which of the following will you put into box 3?...
- Question 19: Robert has a contract with Farmer Ted who provides his manuf...
- Question 20: Which of the following processes is the most adversarial?...
- Question 21: Sam is a factory manager and has purchased a new fixed asset...
- Question 22: Which of the following will you put into box 7?...
- Question 23: Which of the following conflict resolution styles involves a...
- Question 24: Which of the following will you put into box 2?...
- Question 25: A large financial organisation ensures that they have contra...
- Question 26: Which of the following is not a way in which a contract can ...
- Question 27: George is a procurement manager at a manufacturing company a...
- Question 28: Which of the following situations would be considered a mino...
- Question 29: Tutu Incorporated has a contract with a software company to ...
- Question 30: Which of the following would not be considered acceptance of...
- Question 31: Which of the following will you put into box 8?...
- Question 32: Which of the following will you put into box 2?...
- Question 33: Which of the following will you put into box 1?...
- Question 34: Which of the following will you put into box 6?...
- Question 35: Perry is seeking a resolution to a conflict he has with his ...
- Question 36: What is the purpose of conflict resolution?...
- Question 37: Kranky Kat Ltd has just been through an adjudication process...
- Question 38: Which of the following will you put into box 7?...
- Question 39: Lisa has a contract with an internet provider and the contra...
- Question 40: Logan Gin Distillery is creating a contract for one of its n...
