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CIPS Commercial Contracting L4M3 Question # 34 Topic 4 Discussion

CIPS Commercial Contracting L4M3 Question # 34 Topic 4 Discussion

L4M3 Exam Topic 4 Question 34 Discussion:
Question #: 34
Topic #: 4

Maximum Score: 1

Which of the following would be considered as advantages of an industry model form contract?

    It provides greater flexibility for negotiation

    It reduces the cost of contract development

    It is usually designed to be fair to both parties

    It removes the need for the buyer to understand it


A.

1 and 2 only


B.

2 and 3 only


C.

1 and 3 only


D.

2 and 4 only


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