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L3M3 Exam Dumps : Contract Administration

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Contract Administration Questions and Answers

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Question 1

‘A purchasing procedure whereby potential suppliers are invited to make a firm and unequivocal offer of the price and terms on which they will supply specified goods or services which, on ac-ceptance, shall be the basis of the subsequent contract’

Options:

A.

Competitive dialogue

B.

Request for information

C.

Invitation to tender

D.

Expression of interest

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Question 2

In legal circles, ownership of something is often called:

Options:

A.

Tithe

B.

Tittle-tattle

C.

Title

D.

Total

Question 3

Johnson, Scholes and Whittington suggested three key criteria for options which can be used in the evaluation of a business case. Which word was not one of these three key criteria?

Options:

A.

Transferability

B.

Feasibility

C.

Acceptability

D.

Suitability

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