problem 1:
List all five (5) essential elements of the valid contract.
problem 2:
Provide one circumstance when a contract might be modified.
problem 3:
Provide one reason for which a public body may pay an advance payment to a contractor.
problem 4:
Illustrate out two remedies accessible to a public body in case a supplier breaches a significant provision of a contract.
problem 5:
Make a distinction between an express and implied term.
problem 6:
Illustrate out the reasons for seeking a performance security from Supplier.
problem 7:
Describe briefly the role and function of Project Manager.
problem 8:
Illustrate out the two circumstances when a fixed price contract is appropriate.
problem 9:
Illustrate out the term ‘warranty’ in relation to a procurement contract.
problem 10:
Illustrate out the role of a ‘Subcontractor’ in the execution of a Works Contract.