Which statement is incorrect regarding procurement risk?

Question 54 options:

	Moving from qualifying suppliers for a specific requirement to qualifying suppliers for a generalized requirement.
	The risk is decreased when the use of the procurement tool is mandatory.
	The risk is greater for SOs because the call-up is directed to only one supplier.
	The risk is reduced for Supply Arrangements because if provides for a competitive process at the second stage.
	All statements are correct.

The main concepts used is government procurement are:

	Legality, Openness, Transparency
	Transparency, Fairness, Legality
	Openness, Fairness, Legality
	Openness, Transparency, Fairness
	Fairness, Legality, Openness

The rules that govern when people can authorize others to do things for them is called?

	Tort Law
	Contract Law
	Public Law
	Agency Law
	Private Law

Which is not an ethical obligation to suppliers?

	To ensure that the firms make a profit?
	Not give designs and ideas provided by suppliers to other suppliers during bidding.
	To treat fairly.
	To honour contracts and commitments.
	Competitions should be conducted fairly.