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PDF L5M3 Study Guide

Page: 4 / 4
Question 16

Molly is a wedding planner who has just set up as a sole-trader. She has a meeting with a po-tential couple to organise their wedding. The couple is extremely risk adverse and have asked Molly to email them a copy of her insurances. Which insurances should Molly send? Select TWO

Options:

A.

Products Liability Insurance

B.

Employers Liability Insurance

C.

Professional Indemnity Insurance

D.

Public Liability Insurance

Question 17

Which of the following will you put into box 5?

Options:

A.

adjudication

B.

arbitration

C.

mediation

D.

litigation

Question 18

Which of the following will you put into box 6?

Options:

A.

liability

B.

payment terms

C.

liquidated damages

D.

Contract variation

Page: 4 / 4
Exam Code: L5M3
Exam Name: Managing Contractual Risk
Last Update: Dec 22, 2024
Questions: 120
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