Commercial Contracting Which of the following should be included in the head contract so that Southward can sue IBM, should the need arise? Negligence Indemnity Collateral warranty deed Insurance 7. Required safety level 1 and 2 only 1 and 3 only 1 and 4 only 2 and 3 only 8. A construction company often subcontracts approximately 50% of the project works because of unpredictable customer's demand. Although larger corporate customers require quick response to RFQ, the time lapse between tender bid submission and contract commencement is usually long. Which of the following arrangement would benefit both the contractor and customer? Collateral contract Bilateral contract Indemnity agreement Framework agreement 9. The model form contract invented by Institute of Civil Engineers is...? NEC IMechE/IET FIDIC JCT 10. Which of the following is the procedure that makes no further competition under a framework agreement? Closed system Direct CIPS L4M3 Exam Dumps call-off Standing offer Blanket order 11. Non-disclosure 3 and 4 only 1 and 4 only 1 and 2 only 2 and 3 only 12. Under English law's general legal principles of contract formation, which of the following are likely to be offers? Select TWO that apply. Invitation to tender Quotation Purchase order Advertisement Catalogue 13. Under a framework agreement, which of the following are supplier selection mechanisms? Select TWO that apply: Rescission of contract Mini competition Contract for lease Direct call-off Call off contract 14. Which of the following is used to detail the complex matter that may be verbiage to the main document?
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