QUIZ: CONTRACT MANAGEMENT

QUIZ: CONTRACT MANAGEMENT

University

10 Qs

quiz-placeholder

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QUIZ: CONTRACT MANAGEMENT

QUIZ: CONTRACT MANAGEMENT

Assessment

Quiz

Business

University

Easy

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10 questions

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1.

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1 min • 1 pt

A contract between two parties in which one party promises to accord a

supplementary remuneration to another party on excellent accomplishments.

2.

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1 min • 1 pt

Art and science of managing a contractual agreement throughout the

contracting process.

3.

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1 min • 1 pt

The person or group of people officially authorized to make decisions and represent their firm. This includes signing the contract.

4.

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1 min • 1 pt

The failure to exercise one’s activity in such a manner that a reasonable person

would do in a similar situation.

5.

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1 min • 1 pt

______ are also held as part of debriefing sessions whereby the bidders are informed as to why they did not win the contract

6.

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1 min • 1 pt

_________ can be defined as the acquisition of goods or services.

7.

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1 min • 1 pt

A promise, either verbal or written, that certain facts are true as represented.

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