Question 1

According to mailbox rule in some common law countries, at which point the offeree's acceptance will be effective?

Options :

A : When the letter of acceptance has been written.

B : When the letter of acceptance is received by the offeror.

C : When the letter of acceptance has been correctly addressed, its postage paid, and posted.

D : When the letter of acceptance is opened and its contents read by the offeree.

Answer: C

Question 2

Which of the following is the term that describes an item bought for a single and non-recurring use or purpose?

Options :

A : Stock purchase

B : Call-off purchase

C : Ad-hoc purchase

D : Operational purchase

Answer: C

Question 3

Crown Commercial Service signed a four-year framework agreement with three suppliers on providing street lightning services. When the services are needed, the agency holds a mini competition. Eventually, the deal was awarded to Amey Public Services (APS) which was not listed as a supplier on the framework. Is this action compliant with legal requirement?

Options :

A : Yes, because APS tender matched all Crown Commercial Service’s requirement

B : No, because APS tender had not been evaluated before contract award

C : No, because once the framework agreement is set up, no additional suppliers can be added to it

D : Yes, because the intention had been to award the contract to APS in line with the framework agreement

Answer: C

Question 4

Which of the following is likely to reduce risks of different rules regarding when offers and acceptance become effective between legal systems?

Options :

A : Time lapse

B : Letter of intent

C : Withdrawal protocol

D : Deemed receipt protocol

Answer: D

Question 5

You are to do the KPIs and targets for international supplier and the following was done
1. Delivery in an hour
2. Return orders in an hour
Is that a good thing or not?

Options :

A : Yes, the higher the targets are, the better the outcomes will be

B : No, because the KPIs are not a realistic and justified

C : Yes, because these targets will propel the suppliers to continuous improvement

D : No, the local suppliers are always the best choice

Answer: B

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