Commercial Contracting Questions
1. Which of the following are likely to be included in an output specification?
1. Technical drawing
2. Requirement to comply with international quality standard
3. Required product functions
4. Required level of product performance
2. Which of the following items are likely to be included in an invitation to tender (ITT) select 3 items?
A. Submission deadline
B. Purchase order
C. Non disclosure agreement
D. KPI’s
E. Terms and conditions
F. Pricing schedule
3. Which of the following are likely to be included in request for quotation (RFQ) select 3 items
A. Output specifications
B. Terms of payment
C. Quotation reference number
D. Buyers standard terms and conditions
E. Identify other suppliers who are being invited to submit quotations
, 4. Which of the following items should be used to assess fitness for purpose, in the event of a
disagreement between buyer and supplier about product quality?
A. Product specifications
B. Contract KPI’s
C. Cost
D. Contract terms and conditions
5. For which one of the following is it most likely that a buyer will prepare a conformance specification
rather than a performance specification?
A. A service
B. A high value item
C. A sub assembly unit
D. An item of non standard software
6. In which part or element of a purchase contract are details of discounts for bulk purchases most likely
to be found?
A. In the product specifications
B. I n the implied terms of the contract
C. In the KPI’s
D. In a pricing schedule
7. Which one of the following items might be included in a health and safety for a contract for the
supply of works?
A. Requirements for the supplier/ contractor to maintain health and safety records
B. Requirements for the buyer/ customer to maintain health and safety records
C. The legal requirements relating to health and safety at work
D. Details of the suppliers in house health and safety procedures
1. Which of the following are likely to be included in an output specification?
1. Technical drawing
2. Requirement to comply with international quality standard
3. Required product functions
4. Required level of product performance
2. Which of the following items are likely to be included in an invitation to tender (ITT) select 3 items?
A. Submission deadline
B. Purchase order
C. Non disclosure agreement
D. KPI’s
E. Terms and conditions
F. Pricing schedule
3. Which of the following are likely to be included in request for quotation (RFQ) select 3 items
A. Output specifications
B. Terms of payment
C. Quotation reference number
D. Buyers standard terms and conditions
E. Identify other suppliers who are being invited to submit quotations
, 4. Which of the following items should be used to assess fitness for purpose, in the event of a
disagreement between buyer and supplier about product quality?
A. Product specifications
B. Contract KPI’s
C. Cost
D. Contract terms and conditions
5. For which one of the following is it most likely that a buyer will prepare a conformance specification
rather than a performance specification?
A. A service
B. A high value item
C. A sub assembly unit
D. An item of non standard software
6. In which part or element of a purchase contract are details of discounts for bulk purchases most likely
to be found?
A. In the product specifications
B. I n the implied terms of the contract
C. In the KPI’s
D. In a pricing schedule
7. Which one of the following items might be included in a health and safety for a contract for the
supply of works?
A. Requirements for the supplier/ contractor to maintain health and safety records
B. Requirements for the buyer/ customer to maintain health and safety records
C. The legal requirements relating to health and safety at work
D. Details of the suppliers in house health and safety procedures
