CIPS Exam L4M3 Topic 7 Question 33 Discussion

Actual exam question for CIPS's L4M3 exam

Question #: 33
Topic #: 7

[All L4M3 Questions]

In the UK, Unfair Contract Terms Act 1977 regulates which of the following?

AValidity of a contract when it is formed on the basis of misrepresentation

BRules regarding battle of the forms

CEffectiveness of contract terms in the standard terms and conditions

DRule of offer and acceptance

Show Suggested Answer

Suggested Answer: A, C

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

by Amber at Apr 27, 2024, 08:55 PM

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Isaiah

4 days ago

Haha, who needs the Unfair Contract Terms Act when you can just write contracts in invisible ink? That'll show 'em!

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Glen

11 days ago

Hmm, I was tempted by B, but C sounds like the right choice here. The battle of the forms is more likely to be covered by other legislation.

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Serita

16 days ago

I believe it also covers the validity of a contract when it is formed on the basis of misrepresentation.

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Alpha

19 days ago

I think the correct answer is C. The Unfair Contract Terms Act 1977 in the UK specifically regulates the effectiveness of contract terms in standard terms and conditions.

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Rex

20 days ago

I agree with Elouise. It's important to ensure that contract terms are fair and not one-sided.

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Elouise

21 days ago

I think the Unfair Contract Terms Act 1977 regulates the effectiveness of contract terms in standard terms and conditions.

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Fabiola

23 days ago

I believe it also covers the validity of a contract when formed on the basis of misrepresentation.

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Nikita

25 days ago

I agree with Hassie. It's important to ensure that contract terms are fair and not one-sided.

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Hassie

27 days ago

I think the Unfair Contract Terms Act 1977 regulates the effectiveness of contract terms in standard terms and conditions.

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