CIPS Exam L3M3 Topic 1 Question 5 Discussion

Actual exam question for CIPS's L3M3 exam

Question #: 5
Topic #: 1

Where the supplier guarantees to make good any losses suffered by the buyer as a result of product defects, for example

AInsurance

BIndebtedness

CIndemnity

DDouble indemnity

Show Suggested Answer

Suggested Answer: C

Indemnity.

As in 'an indemnity clause'.

'The supplier hereby indemnifies the buyer against / in the event of...'

by Rolland at Mar 20, 2024, 02:13 PM

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