Which of the following are most likely to be liabilities of suppliers under a guarantee clause? Select
Suggested Answer: A, C
Get Premium L4M3 Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
The key substantive elements to be included in a specification are:
- Characteristics of the product or service
- Time scale for delivery
- Response times for defects
- KPIs relating to performance and reliability
- Lifespan and durability expectations
- Documentary requirement for training/user manual and/or management information
- Any specific requirements regarding implementation
LO 2, AC 2.1
31 comments · newest first
TY
Ty
11 months ago
Totally agree with Repair and Replacement!
VA
Valentine
12 months ago
Wait, are we really liable for all that? Sounds excessive!
PA
Paris
12 months ago
Upgrading? Not sure that counts as a liability.
LE
Leota
1 year ago
I think Decommissioning should be included too.
LE
Leota
1 year ago
Definitely Repair and Replacement!
AL
Allene
1 year ago
I remember installation being a service, but I’m confused about whether it counts as a liability under guarantees.
HY
Hyman
1 year ago
I practiced a similar question where upgrading was mentioned, but I don't think it's typically a liability.
LI
Lisandra
1 year ago
I feel like decommissioning might be a liability too, but I can't recall if it specifically falls under guarantees.
JE
Jerry
1 year ago
I think I remember that repair and replacement are often included in guarantee clauses, but I'm not entirely sure.
LE
Leonida
1 year ago
I think I've got a good strategy here. I'll start by eliminating the options that don't seem directly related to a supplier's liabilities, like installation. Then I'll focus on the remaining options and try to determine which two are most likely to be included in a guarantee clause.
CL
Clarinda
1 year ago
I'm a bit confused by this question. I'm not entirely sure what a "guarantee clause" is or how it would apply to a supplier's liabilities. I'll need to do some quick research before answering.
PO
Portia
1 year ago
I've got a good feeling about this one. Repair and replacement are definitely liabilities, and I'm pretty sure decommissioning and upgrading could also be included in a guarantee clause.
JU
Julieta
1 year ago
Okay, let's see. Repair and replacement seem like obvious ones, but I'm not sure about the other options. I'll have to think this through.
FE
Felicitas
1 year ago
Hmm, this seems like a tricky one. I'll need to carefully read through the options and think about which liabilities a supplier might have under a guarantee clause.
KI
Kizzy
2 years ago
B and E, easy peasy. Although I do wonder if the supplier has to upgrade my toaster to a fancy new model if it breaks. Now that would be a sweet deal!
AM
Ammie
1 year ago
Definitely! It's always nice when suppliers take care of upgrades and replacements under a guarantee clause.
WE
Wei
1 year ago
I agree, having the supplier upgrade your toaster to a fancy new model would be a great deal!
BE
Bette
1 year ago
B and E are correct. Upgrading and replacement are common liabilities of suppliers under a guarantee clause.
EM
Emeline
2 years ago
B and E, no doubt. Suppliers can't just sell you something and then disappear. They've got to stand behind their work!
MA
Matt
1 year ago
Installation is another key liability that suppliers should be responsible for.
LY
Lynna
1 year ago
Decommissioning and upgrading are also important to consider.
IZ
Izetta
1 year ago
Repair and replacement are crucial for suppliers to guarantee.
JA
Jaime
1 year ago
I agree, B and E are definitely important liabilities for suppliers.
ER
Erasmo
2 years ago
Hmm, I'm not so sure about C and D. Decommissioning and upgrading seem more like the customer's responsibility. I'll go with B and E.
CI
Ciara
2 years ago
I'm not sure about Decommissioning and Upgrading. Can someone explain why they might be liabilities?
IZ
Izetta
2 years ago
Definitely B and F. Suppliers have to cover the cost of repairing and installing their products, not just the initial purchase price.
TE
Tequila
1 year ago
Yes, those are important aspects that suppliers should take responsibility for.
IS
Isabelle
1 year ago
I agree, suppliers should definitely be liable for repairs and installations.
TA
Tammi
2 years ago
I think B and E are the most likely liabilities under a guarantee clause. Suppliers would be responsible for repairing and replacing defective parts or equipment.
AS
Ashley
2 years ago
I agree with Azalee. Repair and Replacement make sense as liabilities for suppliers.
AZ
Azalee
2 years ago
I think Repair and Replacement are liabilities of suppliers under a guarantee clause.