Which of the Following Best Explains  'Penalty Clause

question 30

Multiple Choice

Which of the following best explains  'Penalty clause'? 

• A) That part of the contract which will stipulate what will happen if a supplier does not meet its obligations. 
• B) That part of the contract which will stipulate what will happen if a supplier meets its obligations. 
• C) That part of the order which will stipulate what will happen if a supplier does not meet its obligations. 
• D) That part of the order which will stipulate what will happen if a supplier meets its obligations.

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Definitions:

Forceps

A handheld, hinged instrument used in surgical procedures for grasping, holding firmly, or extracting something within the body.

Clamping

The process of holding or securing objects tightly together using a device to prevent movement or separation.

Grasping

The action of seizing or holding firmly, often used to describe the development of motor skills in infants or for understanding concepts.

Scissors

Tools consisting of two blades joined together, used for cutting paper, cloth, or other materials.