Free L5M3 Exam Braindumps (page: 14)

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Which of the following will you put into box 5?

  1. liability
  2. payment terms
  3. liquidated damages
  4. Contract variation

Answer(s): A

Explanation:

The correct answers are as follows:



The answer is liability as the topic is who will take on the liability for being the Principle Designer of the building



Which of the following will you put into box 6?

  1. liability
  2. payment terms
  3. liquidated damages
  4. Contract variation

Answer(s): C

Explanation:

The correct answers are as follows:



The answer is liquidated damages as they're seeking compensation for loss.



Which of the following will you put into box 7?

  1. liability
  2. payment terms
  3. liquidated damages
  4. Contract variation

Answer(s): D

Explanation:

The correct answers are as follows:



This is a contract variation as they are changing the number of staff and their hours



Which of the following will you put into box 5?

  1. liability
  2. payment terms
  3. liquidated damages
  4. Contract variation

Answer(s): B

Explanation:

The correct answers are as follows:



This is payment terms - the discussion is about amending the payment terms from 60 days to 30 days.






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