CompTIA
Checkpoint
ISC
HP
Dell
EC-Council
EXIN
Fortinet
ITIL®
Juniper
PMI
Microsoft
VMware
Avaya
Google
Salesforce
Amazon
Palo Alto Networks
Certiport
ISC2
All Vendors
  2. Home
  3. Exams
  4. CIPS
  5. L3M3

Free L3M3 Exam Braindumps

A contract clause indicating damages to be recovered in the event of under-performance, with the proposed damages being a genuine pre-estimate of loss, is called a:

  1. Punitive damages clause
  2. Liquidated damages clause
  3. Penalty clause
  4. Unliquidated damages clause

Answer(s): B

Explanation:

Liquidated damages clause.

The QUESTION NO : is pretty much a definition of a liquidated damages clause.



Win-win style negotiations are said to be:

  1. Collaborative
  2. Cohesive
  3. Coherent
  4. Conducive

Answer(s): A

Explanation:

Win-win negotiations require a collaborative approach.



Which one of the following is least likely to be a barrier to free trade?

  1. Exchange controls
  2. Subsidies for exporters and internal producers of products
  3. Trading blocs
  4. Embargoes

Answer(s): C

Explanation:

Trading blocs eg EU, EFTA, ASEAN aim to free up trade within the bloc; the other answers of-fered will negatively affect free trade.



In which year did the United Nations issue the Universal Declaration of Human Rights?

  1. 2001
  2. 1941
  3. 1948
  4. 1919

Answer(s): C

Explanation:

1948 is the correct answer: the UN issued the UDHR in 1948, three years after the end of World War 2.

More than 70 years later, we know that in many supply chains, there are individuals' human rights being breached, for example, in modern slavery.

CIPS is strongly opposed to modern slavery, and we should do our utmost to eradicate such prac- tices within our supply chains.






Post your Comments and Discuss CIPS L3M3 exam with other Community members:

L3M3 Exam Discussions & Posts