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L5M3 Valid and Updated Managing Contractual Risk Q&A Dumps

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L5M3 Questions and Answers

Question # 1

Which of the following will you put into box 8?

Condition

Warranty

Innominate Term

Question # 2

Which of the following will you put into box 6?

Condition

Warranty

Innominate Term

Question # 3

Which of the following statements about 'Specific Performance' are TRUE? Select TWO.

Orders for Specific Performance can be a lengthy and costly process

Orders for Specific Performance can be a cheap and quick way to remedy a breach in contract

If a party is ordered to complete a 'Specific Performance' and doesn't, they can be ar-rested

The innocent party must mitigate all losses

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