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CIPS Exam L5M3 Topic 1 Question 25 Discussion

Actual exam question for CIPS's L5M3 exam
Question #: 25
Topic #: 1
[All L5M3 Questions]

Popsi Cula is a manufacturer of sugared beverages and produces over 5000 tonnes of soda each day. It is extremely important that ingredients are delivered to the factory on specific days in order for the production to keep to its very tight schedule. Popsi Cula is onboarding a new supplier - which of the following clauses would it be important for the contract to contain?

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Suggested Answer: B

The correct answers are as follows:

This is arbitration as it involves a panel.


by Stefanie at Apr 25, 2024, 07:10 AM

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Mozell
1 months ago
I'm going with C) time is of the essence. Popsi Cula can't afford any delays in their soda production. They need those ingredients on time, no matter what!
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Hubert
1 months ago
You know, if I was the supplier, I'd recommend including all of these clauses - A), B), C), and D). Gotta cover all the bases, right? *chuckles*
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Anglea
2 days ago
Supplier: Absolutely, let's make sure the contract is comprehensive.
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Curt
15 days ago
Popsi Cula: Yes, it's important to ensure smooth operations.
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Carlene
21 days ago
Supplier: I agree, we should include all of these clauses to cover all bases.
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Reita
2 months ago
Hmm, I'm torn between B) limitation of liability and C) time is of the essence. Popsi Cula probably wants to limit its liability in case of delays, but the tight production schedule makes time of the essence.
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Stephaine
1 months ago
User 2: I agree, the tight production schedule means they can't afford any delays.
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Carey
1 months ago
User 1: I think C) time is of the essence is crucial for Popsi Cula to include in the contract.
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Golda
2 months ago
I think the correct answer is C) time is of the essence. This clause emphasizes the importance of timely delivery to Popsi Cula's production schedule.
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Janella
13 days ago
KPIs could help track the supplier's performance and ensure they meet the required standards.
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Micheal
16 days ago
Limitation of liability is important to protect both parties in case of any issues.
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Haydee
22 days ago
Liquidated damages could also be important to ensure the supplier is held accountable for delays.
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Lili
1 months ago
I agree, time is definitely crucial for Popsi Cula's production.
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Lenny
2 months ago
Liquidated damages in clause A) could also be important to ensure the supplier meets their obligations.
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Isaiah
2 months ago
I agree with Shayne, without timely delivery, the production schedule could be disrupted.
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Shayne
3 months ago
I think clause C) time is of the essence is crucial for the contract.
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