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CIPS Exam L5M2 Topic 5 Question 47 Discussion
Actual exam question for
CIPS's
L5M2 exam
Question #: 47
Topic #: 5
[All L5M2 Questions]
Topic #: 5
An indemnity clause should contain which of the following pieces of information 1) duties of both parties 2) a monetary limit 3) insurance levels 4) details of the breach 5) a time limit
Suggested Answer:
A
The correct answers are as follows:
Nothing can be done to change this risk (you can't stop an earthquake from happening), so you therefore need to transfer the risk to another party, or include for this within a contract.
Dalene
8 hours ago