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Question 104 - CAS-004 discussion

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Company A is establishing a contractual with Company B. The terms of the agreement are formalized in a document covering the payment terms, limitation of liability, and intellectual property rights. Which of the following documents will MOST likely contain these elements

A.
Company A-B SLA v2.docx
Answers
A.
Company A-B SLA v2.docx
B.
Company A OLA v1b.docx
Answers
B.
Company A OLA v1b.docx
C.
Company A MSA v3.docx
Answers
C.
Company A MSA v3.docx
D.
Company A MOU v1.docx
Answers
D.
Company A MOU v1.docx
E.
Company A-B NDA v03.docx
Answers
E.
Company A-B NDA v03.docx
Suggested answer: C

Explanation:

A MSA stands for master service agreement, which is a document that covers the general terms and conditions of a contractual relationship between two parties. It usually includes payment terms, limitation of liability, intellectual property rights, dispute resolution, and other clauses that apply to all services provided by one party to another. Verified

Reference: https://www.comptia.org/training/books/casp-cas-004-study-guide , https://www.upcounsel.com/master-service-agreement

asked 02/10/2024
Mark Green
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