Module 13_ Quiz_ (LAW6003-0001.fa23) Contract Risk Management
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School
Florida State University *
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Course
6003
Subject
Information Systems
Date
Dec 6, 2023
Type
Pages
8
Uploaded by SargentBat3594
12/2/23, 10:47 PM
Module 13: Quiz: (LAW6003-0001.fa23) Contract Risk Management
https://canvas.fsu.edu/courses/258635/quizzes/491520
1/8
Due
Dec 3 at 11:59pm
Points
12
Questions
12
Time Limit
None
Instructions
Attempt History
Attempt
Time
Score
LATEST
Attempt 1
17 minutes
9 out of 12
Score for this quiz: 9
out of 12
Submitted Dec 2 at 10:46pm
This attempt took 17 minutes.
Unique Considerations in Contracting
Module
13
Quiz
0 / 1 pts
Question 1
In a country with a judicial system based on common law, which of the following is true:
A. There are no statutory laws or codes, all law is created by judicial precedent. You Answered
You Answered
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Module 13: Quiz: (LAW6003-0001.fa23) Contract Risk Management
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B. Juries are only used in criminal cases. C. Judges have an active role in shaping the law and determining judicial precedent. Correct Answer
Correct Answer
D. Judges cannot strike down a law as being unconstitutional. Common Law is discussed on Slide 6 of the slides for Module 13.
1 / 1 pts
Question 2
Which of the following best describes a judicial system based on civil law:
A. Laws are based on fixed legal codes and written statutes that are updated regularly. Correct!
Correct!
B. Juries play a key role in fact finding in both criminal and civil cases. C. Lawyers act in adversarial roles and conduct discovery to uncover evidence. D. The punishment for a violation or crime is within the sole discretion of the Judge. 1 / 1 pts
Question 3
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Module 13: Quiz: (LAW6003-0001.fa23) Contract Risk Management
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The Convention for Contracts on the International Sale of Goods was put in place to facilitate
international trade by removing legal barriers. True or False?
True Correct!
Correct!
False 0 / 1 pts
Question 4
Which of the following is a significant difference between the Convention for Contracts on the
International Sale of Goods and the Uniform Commercial Code?
A. The UCC applies to companies based in the United States; but the Convention for Contracts on the
International Sale of Goods does not apply to companies based in the United States.
B. The UCC requires contracts for the sale of goods over a certain amount of money to be in writing to be
enforceable; but the Convention for Contracts on the International Sale of Goods will enforce contracts
even if they are not in writing.
Correct Answer
Correct Answer
C. The Convention for Contracts on the International Sale of Goods has a strict parol evidence rule that
ignores the parties’ negotiations and course of dealing when interpreting contract disputes.
You Answered
You Answered
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Module 13: Quiz: (LAW6003-0001.fa23) Contract Risk Management
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D. The UCC has terms relating to transfer of title, acceptance and delivery; but the Convention for
Contracts on the International Sales of Goods does not have similar provisions.
The comparisons between the CISG and UCC are discussed on Slide 9 of the slides for
Module 13.
1 / 1 pts
Question 5
Arbitration can be an important dispute resolution mechanism in international contracts because
arbitration awards are enforceable in most foreign jurisdictions? True or False?
True Correct!
Correct!
False 0 / 1 pts
Question 6
If the parties to a contract decide that they do not want the Convention for Contracts on the
International Sale of Goods to apply to their contract, they can include a provision in the contract
stating it is not applicable. True or False?
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Module 13: Quiz: (LAW6003-0001.fa23) Contract Risk Management
https://canvas.fsu.edu/courses/258635/quizzes/491520
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True Correct Answer
Correct Answer
False You Answered
You Answered
Article 6 of the CISG allows parties to opt out by specifically excluding it in the terms of the
contract.
1 / 1 pts
Question 7
What is one of the differences between a Software License Agreement and a Software as a Service or
SaaS Agreement?
A. Software License Agreements are typically used when a customer is downloading and installing a
software product on their system as part of an “on premise” solution.
Correct!
Correct!
B. Software License Agreements typically have limited indemnification and liability provisions; but SaaS
Agreements always have unlimited liability.
C. Software License Agreements provide for an exclusive relationship between the vendor and the
customer.
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Module 13: Quiz: (LAW6003-0001.fa23) Contract Risk Management
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D. In the event of a breach, the Vendor can revoke a user’s license under a Software License Agreement
but cannot revoke a user’s access under a SaaS Agreement.
1 / 1 pts
Question 8
Potential consequences for a failure to comply with government contracting rules can include criminal
charges.
True Correct!
Correct!
False 1 / 1 pts
Question 9
If a contractor has a dispute about the terms of a contract with a Federal Government Agency, the
contractor can either request binding arbitration or file a lawsuit in the federal circuit court where the
contractor is located? True or False?
True False Correct!
Correct!
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1 / 1 pts
Question 10
By entering into a contract with a Federal Government Agency, a contractor must agree to which of the
following?
A. That it will conduct itself with the highest degree of integrity and honesty B. That it will not discriminate in its hiring and employment practices on the basis of race or other protected
class.
C. That it will self-report any violations D. All of the above Correct!
Correct!
1 / 1 pts
Question 11
If a contractor submits an invoice to a Federal Government Agency that it knows contains false
information about the number of hours of services provided to the Agency, the contractor can be
subject to liability under the False Claims Act. True or False?
True Correct!
Correct!
False
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Module 13: Quiz: (LAW6003-0001.fa23) Contract Risk Management
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8/8
1 / 1 pts
Question 12
The Federal Acquisition Register or FAR requires that the Government Agency always choose the
lowest bidder in a government solicitation. True or False?
True False Correct!
Correct!
Quiz Score: 9
out of 12