Get CIPS L4M3 Passing Exam Dumps Questions December 2024

Choosing Examcollection L4M3 VCE to Ensure Career Goals

MyExamCollection offers a premier pathway to success in the L4M3 exam, a crucial certification in the IT industry. By utilizing Examcollection L4M3 PDF, candidates can align their preparation with their professional ambitions, ensuring they reach their goals with confidence.

Unique L4M3 Exam Dumps Questions for MyExamCollection

One of the standout features of MyExamCollection’s L4M3 PDF is its unique dumps questions And answers. These questions are crafted by MyExamCollection experts, drawing from a wealth of experience and knowledge. Each question is designed to reflect the format and difficulty level of the actual exam, ensuring candidates are well-prepared for what they will encounter on test day.

The L4M3 practice questions cover the entire syllabus and are frequently updated to reflect any changes in exam standards. This tailored approach not only enhances understanding of key concepts but also boosts retention and recall, providing a comprehensive study experience. With MyExamCollection, candidates can familiarize themselves with the types of questions they may face, thus reducing anxiety and improving overall performance.

One-Stop Solution for Passing the CIPS L4M3 Practice Test Questions

MyExamCollection serves as a one-stop solution for all L4M3 exam preparation needs. From study guides and detailed explanations to practice tests and braindumps, the resources provided are designed to streamline the learning process.

MyExamCollection offers a structured learning path that allows candidates to progress at their own pace. With L4M3 practice tests simulating real exam conditions, users can effectively gauge their understanding and readiness. The inclusion of explanatory notes further clarifies complex topics, making it easier for learners to grasp difficult concepts.

Additionally, the content is organized in a user-friendly manner, allowing candidates to easily navigate through the Study materials. Whether you are a beginner or looking to refresh your knowledge, MyExamCollection equips you with all the tools necessary to succeed.

Money-Back Guarantee Success

To instill confidence in their products, MyExamCollection offers a money-back guarantee. This commitment to customer satisfaction means that if candidates do not achieve their desired results, they can request a refund. This policy demonstrates MyExamCollection’s confidence in the effectiveness of their Dumps materials and serves as a safety net for those investing in their professional growth.

Choosing Examcollection CIPS L4M3 Dumps is an excellent decision for anyone looking to advance their IT career. With Real Practice test questions And Answers, a comprehensive one-stop solution for L4M3 exam preparation, and a money-back guarantee, MyExamCollection stands out as a reliable partner in achieving CIPS Level 4 Diploma in Procurement and Supply certification success. Equip yourself with the best resources, and take the next step towards realizing your professional aspirations.

L4M3 Questions and Answers

Question # 1

XYZ Ltd is negotiating a long-term supply contract of important parts with a supplier. Dave, procurement manager teams up with Alla, legal manager to construct a service level agreement. Dave is concerned that poor performance of supplier may cause damages to the operations of the organisation. Which of the following can be used in conjunction with SLA to compensate the buying organisation in case of supplier's poor performance?

1. Warranties

2. Force majeure clauses

3. Penalty clauses

4. Service credits

1 and 3 only

3 and 4 only

1 and 2 only

4 and 2 only

Question # 2

GPP, the employer, and Prosolia UK, the contractor, entered into five EPC contracts for the development of five different solar power generation plants in the United Kingdom. Four out of the five developments failed to be commissioned by the relevant due dates, with the delays ranging from 44 to 285 days.

Among other claims, GPP, acting through its two investment vehicles, claimed liquidated damages of Â£500 per day in all four contracts for Prosolia UK's failure to achieve completion of the plants by the due date. The liquidated damages claimed amounted to Â£1,804,221 across the four delayed contracts.

Prosolia, alongside various other defences, raised the defence that the liquidated damages provision in each contract was a penalty, and therefore unenforceable against it. Is Prosolia contractually obliged to make the payment to the plaintiff?

No, the amount claimed is too excessive and it may put Prosolia into insolvency. The clause must be void

No, the clause must be treated as a penalty clause which is unenforceable in UK

Yes, the amount is a reward to the employer as they have supervised and monitored the projects

Yes, the clause is a genuine estimate of possible losses that GPP may have suffered and therefore, it is enforceable.

Answer:

Explanation:

A liquidated damages clause specifies a predetermined amount of money that must be paid as damages for failure to perform under a contract. The amount of the liquidated damages is supposed to be the partiesâ€™ best estimate at the time they sign the contract of the damages that would be caused by a breach. If a breach occurs and the liquidated damages clause is enforceable, the parties do not calculate the actual damages (i.e., how much money a party actually lost as a result of the breach). Instead, the breaching party pays the predetermined sum provided by the liquidated damages provision.

To be enforceable, a liquidated damages clause should meet the following criteria.

Damages are difficult to estimate. A court will be more likely to enforce a liquidated damages provision if the damages that will be incurred as a result of a breach of the contract are difficult to estimate when the contract is entered into. In certain situations, injuries are easy to prove. For example, if a breach will result in the loss of sales, it is easy to determine the actual damages by calculating lost profits. Others are more difficult, like the harm caused by breach of a confidentiality agreement or theft of trade secrets. To be enforceable, the damages should be either uncertain or difficult to quantify at the time the contract is entered into.

The amount is reasonable and not a penalty. If the amount of the liquidated damages is grossly disproportionate to the actual harm incurred, a court will likely find it is a penalty or punishment and will not enforce the provision. When making this analysis, courts usually consider what was reasonable at the time the contract was entered into as opposed to when the breach occurred. There have been cases, however, where courts will decide the reasonableness of the damage estimate based on the actual harm at the time of the breach.

The scenario is excerpted and edited based on a real world case law. In that case, the court held that GPP was entitled to liquidated damages under all four of the EPC contracts, ruling that the provisions did not amount to unenforceable penalties in each of the contracts.

Reference: [Reference:, - CIPS study guide page 158-159, - Liquidated damages in energy projects, - What Is a Liquidated Damages Provision?, LO 3, AC 3.2]

Question # 3

Cleveland Insurance (Cleveland) offers a range of insurance services. The main software used in the call centre is a customer relationship management (CRM) system. Cleveland perceived an urgent need to replace the existing CRM system to deal with the increasing number of customers and services.

Urgent Digital Ltd (Digital) is one of the bidders of Clevelandâ€™s ITT. Its bid team is led by Hank Irvine, its technical director. Hank realises that winning the Cleveland contract (valued at approximately Â£50M) will enhance his career. During discussions with Cleveland, Hank offers certain assurances regarding timescales for the project. He has not carried out any investigations into the viability of the timescales. Hank has little idea whether the timescales can be met.

Cleveland decides that Digitalâ€™s bid meets with its requirements, especially given the assurances in timescale offered by Hank, and decides to proceed with it, subject to a formal contract. Eventually, a formal contract is signed by both parties. The initial assurances given by Hank about the timing of the project are never going to be achieved and are at best grossly exaggerated.

Hankâ€™s pre-contractual assurance is most likely to be an example of which of the following?

Inaccuracy in communication

Threat

Initial impossibility

Fraudulent misrepresentation

View More L4M3 Questions

New Year Special Sale - Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: mxmas70

MyExamCollection

CIPS L4M3 Exam Dumps - Actual Questions Answers

PDF

$30 $99.99

L4M3 PDF Exams Package

Testing Engine

$33 $109.99

L4M3 Testing Engine

PDF + Testing Engine

$43.5 $144.99

L4M3 PDF + Testing Engine

CIPS L4M3 Last Week Results!

10

88%

88%

190

Choosing Examcollection L4M3 VCE to Ensure Career Goals

Unique L4M3 Exam Dumps Questions for MyExamCollection

One-Stop Solution for Passing the CIPS L4M3 Practice Test Questions

Money-Back Guarantee Success

Why so many Experts Recommend Myexamcollection ?

L4M3 Questions and Answers

Answer:

Explanation:

Answer:

Explanation:

Answer:

Explanation:

CIPS Related Exam in MyExamCollection

Quick Links

Why Us

Unlimited Packages

Site Secure

We Accept