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NEW QUESTION: 1
Which of the following is described in the statement below?
"It is a common clause in contracts, which essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a war, strike, riot, crime, or an event described by the legal term "act of God", prevents one or both parties from fulfilling their obligations under the contract."
A. Exemption
B. Immunity
C. Force majeure
D. Exception
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Answer option C is correct.
Force Majeure in French means "superior force". It is a common clause in contracts, which essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a war, strike, riot, crime, or an event described by the legal term "act of God" (e.g., flooding, earthquake, volcano), prevents one or both parties from fulfilling their obligations under the contract. However, force majeure is not intended to excuse negligence or other malfeasance of a party, as where non-performance is caused by the usual and natural consequences of external forces (e.g., predicted rain stops an outdoor event), or where the intervening circumstances are specifically contemplated.
Answer options B, D, and A are incorrect. These terms do not represent the clause stated in the question.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth edition" Chapter: Procurement and Project Integration Objective: Contract Types and Contract Negotiations

NEW QUESTION: 2
You are working on an HPE GreenLake deal.
Is this part of the HPE team with whom you will directly interact? Solution: HPE Partner Business Manager.
A. No
B. Yes
Answer: B

NEW QUESTION: 3
Which element conveys a business need as defined by business stakeholders?
A. business requirement
B. business strategy
C. business solution
D. business priority
Answer: A