1&2
(Annex IPR) How is the new Annex IPR added to the contract?
A: It`s added by a “YES/NO” question in the wizard
B: It`s automatically added to the template.
C: It has to be requested to LPC
D: None of the options above.
A: It`s added by a “YES/NO” question in the wizard
(Consultancy Agreements) HC(x) agreements on consultancy are meant to be used for topics related to ____
A: Healthcare themes and products
B: Crop Science themes and products
C: R&D themes and products
D: All of the above
A: Healthcare themes and products
(INDIA) One of the advantages of arbitration is:
A: Easy to Appeal
B: Cheaper Process
C: Allows parties to select the arbitrator
D: Exchange of information between the parties
C: Allows parties to select the arbitrator
(Annex L) The OLD version focused mostly on:
A: Swiss Law
B: Indian Law
C: German Law
D: Russian Law
C: German Law
(T&W) What does "DG" stands for?
A: District Governor
B: Dangerous Goods
C: Dangerous Groups
D: Distribution Groups
B: Dangerous Goods
(Annex IPR) With which examples is the Annex IPR used or needed?
A: Generic/standard goods and services that can be bought via catalogue/off the shelf
B: Training/service that is specifically prepared for one Bayer legal entity
C: Supplier manufactures promotional material for Bayer which bears the Bayer-logo
D: Forward the training materials/work results to an Affiliate or to a third party
D: Forward the training materials/work results to an Affiliate or to a third party
(Consultancy Agreements) Is not the business but the ____ which determines if it is HCx or Procurement contract?
A: Cost
B: Duration
C: Activity
D: Complexity
C: Activity
(LATAM) This Agreement and all matters relating to this Agreement shall be governed by and construed in accordance with the laws of the country in which the entity Bayer is enrolled and ______:
A: Subscribed
B: Incorporated
C: Registered
D: Enlisted
C: Registered
(Tax Clause) Why is it important to pay attention to taxes while reviewing a contract?
A: To avoid fines, penalties or legal consequences
B: To maximize profits
C: To expedite the contract negotiation process
D: To avoid external audits
A: To avoid fines, penalties or legal consequences
What is the maximum estimated annual contract value that allows a Contract Partner to still be classified as a small supplier?
A: 0.5 MILLION EUR
B: 1 MILLION EUR
C: 2 MILLION EUR
D: 0.2 MILLION EUR
B: 1 MILLION EUR
(Flexibility) What is the main objective of a Penalty clause?
A: Encourage performance upon the agreement
B: Facilitate negotiation
C: Deter legal action
D: Generate additional revenue
A: Encourage performance upon the agreement
3 - (IT) What does T.A.P.S. stands for?
A: Transition, Admission, Processing, Storage
B: Transmission, Access, Processing, Storage
C: Transmission, Admission, Processing, Stagger
D: Transition, Access, Performance, Storage
B: Transmission, Access, Processing, Storage
(INDIA) Most local contract partners are small businesses for ________?
A: Research and Development
B: Pharma
C: Crop Science
D: Consumer Health
C: Crop Science
(Annex L) The new Annex L is fit for use:
A: Only in LATAM
B: All countries
C: Only EMEA
D: Only US & Canada
B: All countries
(Insurance) Why was Annex I modified?
A: Insurance was too costly
B: It was requested by LPC
C: It was requested by country managers.
D: Due to new EU regulations
A: Insurance was too costly
(Annex IPR) To which kind of templates is the Annex IPR added?
A: All kind of templates
B: Only to PRO Templates (applies to all)
C: About half of the PRO templates
D: Only PRO_Generic Purchase of services templates
C: About half of the PRO templates
(IT) Bayer’s IT security requirements are:
A: Confidentiality and Data Classification
B: Data classification and Legal/Compliance
C: Confidentiality and Legal/compliance
D: All of the above
B: Data classification and Legal/Compliance
(LATAM) Which of the following countries now has a country-specific Arbitration Clause?
A: Colombia*
B: Honduras
C: El Salvador
D: Peru
A: Colombia
(Tax Clause) The new Tax Global Clause has new provisions for?
A: Invoicing
B: Indirect Taxes
C: Payment
D: All of the above
D: All of the above
(T&W) What was the main change with the Liability and Remedies Clause?
A: Now we get 2 general clauses
B: Only 1 general clause
C: Now is added as a General Annex
D: None of the options above.
B: Only 1 general clause
(Flexibility) In which country are Penalty Clauses not enforceable?
A: US
B: UK
C: GERMANY
D: CANADA
B: UK
(Consultancy Agreements) Which of the following scenarios is appropriate for utilizing the template "Purchase of Market Research Services" in the category of Commercial insights?
A: Clinical study research
B: Benchmark Sales force
C: Purchasing Primary and Secondary Market Research Services
D: All of the above
C: Purchasing Primary and Secondary Market Research Services
(LATAM) Which is the only country of “Cono Sur” that does not have a LATAM Governing Clause in effect?
A: Bolivia
B: Paraguay
C: No Cono Sur countries have the LATAM Governing Clause in effect
D: All Cono Sur countries have the LATAM Governing Clause in effect
D: All Cono Sur countries have the LATAM Governing Clause in effect
(Tax Clause) Which taxes are now considered in the new Tax Global Clause besides VAT?
A: IVA, GST & SST
B: ITBMS, ITBIS, SST, GVS & IVA
C: GST, IVA, SST, IGV, ISV, ITBMS & ITBIS
D: ITBMS, ITBIS, SST, GST, SST, GVT, TBS & IVA
C: GST, IVA, SST, IGV, ISV, ITBMS & ITBIS
Which templates have the optional Insurance Clause available?
A: Purchase of Packaging Materials
B: Purchase of Consulting Services
C: Purchase of Software
D: All of them
B: Purchase of Consulting Services