Free CIPS L3M3 Practice Exam with Questions & Answers | Set: 3

Explanation

High level of power and a high level of interest.

You should hope that in your exam you get such an easy QUESTION NO: !

Explanation

In English law, implied terms exist, even if you can't see them in the contract documents. They commonly derive from statute. An example is the Sale of Goods Act.

Explanation

Non-disclosure agreement, also known as a confidentiality agreement.

Explanation

Cost of setting up the tender which is not a cost of the item itself.

All the other costs are related to the item itself.

Explanation

There is no obligation to buy under a framework arrangement; and a framework can be used for consultancy services.

Explanation

Early supplier engagement - one of the assessment criteria for this course (3.1)

Explanation

Other customer data.

It would, I think, be very unusual for a contract manager to feel it appropriate to ask for information from a supplier representative about other customers. Business partners normally want their dealings to be private. However, in informal discussions, in the normal course of conversation, information is often transferred in a benign manner.