A Service Contract Between a Vendor and a Client That

question 29

Multiple Choice

A service contract between a vendor and a client that specifies what services will be provided,the responsibilities of each party,and any guarantees of service,is known as:

• A)service level agreement
• B)recovery point objective
• C)recovery time objective
• D)service point agreement

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Definitions:

Uniform Commercial Code

A comprehensive set of laws governing commercial transactions in the United States, aiming to harmonize the law of sales and other commercial transactions across state lines.

Public Policy

Principles and standards regarded by the legislature or by courts as being of fundamental concern to the state and the whole of society.

Original Obligor

The original party responsible for repaying a debt or fulfilling an obligation under the terms of a contract.

Creditor Beneficiary

A third party that benefits from a contract made between two other parties because the contract discharges a debt or duty owed to them.