MWB operates serviced offices in central London. Rock entered a contractual licence with MWB to occupy office space in Marble Arch and had accumulated licence fees in arrears. The original licence agreement contained a 'No Oral Modification' clause that said: 'All variations to this licence must be agreed, set out in writing and signed on behalf of both parties before they take effect'.
After 6 months, Rock director re-negotiated to extend payment period over phone call and MWB credit controller agreed his proposal. Is this agreement considered as an effective variation to the original licence agreement?

• A.Yes, because parties who agree to altering the original contract orally despite a 'No Oral.
• B.Modification' clause, must have intended to dispense with the clause
• C.No, because the mechanism for variation has been set out in the original contract
• D.Yes, because the credit controller had agreed with Rock director's proposal
• E.No, because Rock director assumed that the variation was effective and convinced credit controller to believe it

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Maximum Score 1
When a company has decided to outsource part of its operation, the contract will need to include a number of key contract terms to minimise risk. Which of the following should be included?
* A confidentiality clause designed to protect either party
* A clause stating how long the service is to be outsourced
* A clause stating how long the employees can take for holiday
* A contract variation and price adjustment clause

• A.1 and 4 only
• B.1 and 2 only
• C.3 and 4 only
• D.2 and 4 only

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Which of the following are the conditions for revocation of offer to be valid?
1. The offeree has not received the offer yet
2. Revocation of offer must be communicated with the offeree
3. Revocation of offer must be sent via email
4. Offeree has not accepted the offer yet

• A.2 and 4 only
• B.1 and 4 only
• C.1 and 3 only
• D.2 and 3 only

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A purchase order can become a contract between supplier and purchaser if it is...?

• A.Received by the supplier
• B.Accepted by the supplier
• C.Issued by the buyer
• D.Edited by the supplier

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Procurement professionals must have an awareness of labour standards and environmental, social and governance issues when contracting with suppliers. Which TWO of the following are relevant for consideration?

• A.Indemnity
• B.Warranty
• C.Modern Slavery
• D.Sustainability
• E.ISO9000 accreditation

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