CIPS L4M3 Question Answer
Maximum Score 1
Buyer O has placed an order for the supply and installation of six new servers for a total amount of £600,000 from Supplier A. Which of the following could potentially be treated as examples of a liquidated damages clause within the contract for the supply of the servers?
If the supplier delivers any of the servers late, £1,000 per server will be deducted from the order per day
This contract is subject to delay remedies of £X - the amount to be agreed by both parties during delivery
The sum for breach of the completion date for the order is £40,000 per day up to a maximum of 50% of the contract price
If the performance of any of the servers degrades within five years, a full refund of £600,000 will be provided
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