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Where the supplier guarantees to make good any losses suffered by the buyer as a result of product defects, for example
Suggested Answer: C
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Indemnity.
As in 'an indemnity clause'.
'The supplier hereby indemnifies the buyer against / in the event of...'
24 comments · newest first
IR
Irma
11 months ago
Indebtedness doesn't fit at all, that's about owing money.
JO
Jolene
11 months ago
Double indemnity? I thought that was just a movie term!
GE
Gerald
12 months ago
Wait, are we sure it's not insurance? Seems similar.
AZ
Azzie
12 months ago
Totally agree, indemnity is the right term here!
VI
Vivan
1 year ago
It's definitely C, indemnity covers losses from defects.
RO
Roy
1 year ago
Double indemnity sounds familiar, but I can't recall if it applies here. I might lean towards C as well.
RE
Rene
1 year ago
I practiced a similar question last week, and I think indemnity was the term used for covering defects. So, C seems right.
VI
Vilma
1 year ago
I'm not entirely sure, but I remember something about insurance covering losses too. Could it be A?
RI
Rickie
1 year ago
I think the answer might be C, Indemnity, since it relates to compensating for losses.
KR
Krystina
1 year ago
Insurance seems like it could be a reasonable answer too, since the supplier is essentially providing coverage for the buyer. But indemnity feels like the more precise term here.
DE
Dean
1 year ago
Hmm, I'm a bit unsure here. I know indemnity has something to do with compensation, but I'm not totally confident that's the right choice. I'll have to think this through carefully.
HO
Howard
1 year ago
This question seems straightforward. The supplier guaranteeing to make good any losses points to indemnity as the correct answer.
JE
Jesusita
1 year ago
Okay, I think I've got it. The supplier is promising to cover any losses, so that's an indemnity. Simple enough, I just need to remember the definition.
KA
Karma
1 year ago
I'm not entirely sure about this one, but I think it might be Entity Rules since that seems like the most logical option when changing a service template.
HE
Heike
1 year ago
Okay, I think I've got this. Penetration testing is the right answer because it's focused on identifying potential failures in the IT system's security controls from the viewpoint of a threat actor.
AM
Ammie
2 years ago
Insurance could work too, but indemnity seems more specific to the question.
TO
Tonja
2 years ago
I'm not sure, but I think it could also be A) Insurance.
SH
Shelia
2 years ago
I agree with Ammie, indemnity makes sense in this context.
AM
Ammie
2 years ago
I think the answer is C) Indemnity.
VE
Veda
2 years ago
I believe it's C) Indemnity as well. It just fits the description perfectly.
DO
Dorathy
3 years ago
I don't think it's Double indemnity, it seems too extreme.
DE
Delisa
3 years ago
I'm not sure, but I think it could also be D) Double indemnity.
MA
Marguerita
3 years ago
I agree with Dorathy, Indemnity makes the most sense.
DO
Dorathy
3 years ago
I think the answer is C) Indemnity.