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L3M3 Exam Dumps : Contract Administration

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Contract Administration Questions and Answers

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Question 1

In legal circles, ownership of something is often called:

Options:

A.

Tithe

B.

Tittle-tattle

C.

Title

D.

Total

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Question 2

Which of the following would be unethical? Choose two.

Options:

A.

To place business with a company in which your sister works, having been instructed in writing to do so by your line manager

B.

To negotiate with suppliers

C.

To request quotations if the buyer has no intention to purchase

D.

To request quotations from several suppliers if the buyer has already decided where the contract will be awarded

Question 3

Which STEEPLE factor deals with issues of foreign exchange rates, inflation, consumer spending, labour costs and unemployment levels?

Options:

A.

Economic

B.

Political

C.

Socio-cultural

D.

Environmental

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