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StudySection gives you an opportunity to achieve the Commercial and Contract Management Certification through this free online certification exam (Foundation) and get a hard copy of the certificate. This online certification exam is designed to assess a candidate's understanding of shareholder and partnership agreements, service and maintenance contracts, registration and dissolution of firms, contracts of sale, conditions, warranties, etc.

A Commercial contract is an agreement between two or more parties that is legally binding. Commercial contracts are usually written papers, although they can also be verbal agreements in some cases. Commercial contracts explain exactly what each party must do to keep the contract valid, as well as the ramifications if any of the terms and conditions are broken. It's for businesses and organizations, and one of the most critical needs is that legal agreements allow the contract's maximum advantages to be achieved. The contract also specifies the conditions of the agreement, which encompass all of the relevant issues. When one party fails to meet its contractual obligations, it is called a breach of contract.

The Commercial and Contract Management Free Online Certification Exam (Foundation) from StudySection is in the format of multiple-choice questions on the basic concepts of this subject. There might be some questions that have more than one right answer, and for your answer to be considered correct, you must select all the correct options. Successfully passing this certification exam from StudySection will make you eligible to get an e-Certificate. You can also get a certificate in a hard copy format after paying a nominal fee. A certification badge is also provided to display on your social media accounts like LinkedIn, Facebook, and others to reflect your expertise. The online Commercial and Contract Management Certification (Foundation) from StudySection will make your career profile more appealing, hence increasing your chances of landing a good job.

Topics to be covered in the Commercial and Contract Management Free Online Certification Exam are the following:

  • Concept of Agency and The Nature of Partnership
  • The Indian Partnership Act, 1932
  • Incoming and Outgoing Partners
  • Registration and Dissolution of a Firm
  • Formation of Contracts of Sale
  • Conditions and Warranties
  • Effects of the Contract of Sale

This is a Premium Exam (limited free attempts). Get Admission for unlimited attempts.

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Test Time - 20 Minutes

Total Questions - 30

Passing Score - 50%

Note - This test has to be completed in a single session. A question may have multiple correct options. You have to mark all the correct options for your answer to be considered correct. You will see checkboxes instead of the radio buttons for the options in case a question has multiple correct options.
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