The pricing arrangement in which markup is added into cost base to calculate the final price is known as...?
A. Fixed Price approach
B. Cost plus pricing
C. Market based approach
D. Price indices
正解:B
解説: (Pass4Test メンバーにのみ表示されます)
質問 2:
In a sale contract, a clause requires the seller to "defend, reimburse, and hold harmless" the buyer and its personnel from and against any and all damages arising in connection with some specific circumstances. This clause is an example of...?
A. Insurance
B. Force Majeure
C. Liquidated damages
D. Indemnity
正解:D
解説: (Pass4Test メンバーにのみ表示されます)
質問 3:
Which of the following are features of performance specification?
1. Method of achieving the buyer's desired result
2. What needs to be achieved when using the product
3. Purposes of the product
4. Technical and physical characteristics of the product
A. 1 and 4 only
B. 2 and 4 only
C. 2 and 3 only
D. 1 and 2 only
正解:C
解説: (Pass4Test メンバーにのみ表示されます)
質問 4:
Which of the following regulates barriers to the trade of goods between Member States of WTO?
A. NAFTA
B. GATT
C. CISG
D. TRIPS
正解:B
解説: (Pass4Test メンバーにのみ表示されます)
質問 5:
According to mailbox rule in some common law countries, at which point the offeree's acceptance will be effective?
A. When the letter of acceptance is opened and its contents read by the offeree.
B. When the letter of acceptance has been written.
C. When the letter of acceptance is received by the offeror.
D. When the letter of acceptance has been correctly addressed, its postage paid, and posted.
正解:D
解説: (Pass4Test メンバーにのみ表示されます)
質問 6:
Bethy sees a coat on shop window with a $100 price tag. She comes and asks the shop owner to buy it. The owner states that the price has not been updated and the current price for the coat is $120. Bethy says the owner should honour the quoted price on window shop. Is Bethy correct?
A. No, the owner is revoking his initial offer to sell at $100 and he is proposing new offer to Bethy
B. Yes, the owner has made an offer by showing his product on the shop window and he must honour that offer
C. No, the display on shop window is just an invitation to treat and the owner may change the price at his will
D. Yes, $120 for a coat is extremely unreasonable and the owner's later offer therefore void
正解:C
解説: (Pass4Test メンバーにのみ表示されます)
質問 7:
MWB operates serviced offices in central London. Rock entered a contractual licence with MWB to occupy office space in Marble Arch and had accumulated licence fees in arrears. The original licence agreement contained a 'No Oral Modification' clause that said: 'All variations to this licence must be agreed, set out in writing and signed on behalf of both parties before they take effect'.
After 6 months, Rock director re-negotiated to extend payment period over phone call and MWB credit controller agreed his proposal. Is this agreement considered as an effective variation to the original licence agreement?
A. No, because the mechanism for variation has been set out in the original contract
B. Modification' clause, must have intended to dispense with the clause
C. Yes, because the credit controller had agreed with Rock director's proposal
D. No, because Rock director assumed that the variation was effective and convinced credit controller to believe it
E. Yes, because parties who agree to altering the original contract orally despite a 'No Oral.
正解:A
解説: (Pass4Test メンバーにのみ表示されます)
質問 8:
Which of the following is set down in statute as a liability that exists without any need to prove fault?
A. Current liability
B. Non-current liability
C. Strict liability
D. Contingent liability
正解:C
解説: (Pass4Test メンバーにのみ表示されます)
Kawamura -
Pass4Testの問題集はL4M3試験過去問を徹底的に分析本当に内容もすごく素晴らしかった。そして試験にも合格だ。完璧