Quiz 1: Mid-Course — MSAs for Indian Businesses

Question 1 of 5

A technology company expects to engage a consulting firm on multiple projects over two years. Which agreement structure is most appropriate?

AA single purchase order for each project as it arises BA Master Service Agreement with individual Statements of Work for each project CA one-time services agreement renewed for each project DA memorandum of understanding followed by separate bilateral contracts

Question 2 of 5

Under Indian copyright law, if a software company creates custom code for a client under an MSA that is silent on IP ownership, who owns the copyright in the delivered code?

AThe client, because it commissioned and paid for the work BThe software company, because it created the work CThe government, because software has limited copyright protection in India DOwnership is shared equally between the parties

Question 3 of 5

A customer claims it can reject any deliverable it finds unsatisfactory. The MSA contains a 10-day acceptance period clause with deemed acceptance if no written rejection is received. The customer has not responded in 15 days. What is the most accurate legal position?

AThe customer can still reject — the 10-day period is aspirational only BThe deliverable is deemed accepted; the customer lost its right to reject by not responding within the acceptance period CThe provider must request acceptance in writing before deemed acceptance can apply DThe deemed acceptance clause is void as it removes the customer's contractual right

Question 4 of 5

Which of the following is NOT typically excluded from a standard consequential loss exclusion in an Indian MSA?

ALoss of profit BLoss of revenue CDirect costs of repair or remediation DLoss of business opportunity

Question 5 of 5

A service provider's MSA contains a liability cap of 12 months' fees paid. A data breach caused by the provider's negligence results in losses of 36 months' equivalent fees to the customer. What is the customer's maximum recoverable amount?

A36 months' fees — the cap does not apply to negligence B12 months' fees — subject to any carve-outs that may apply CZero — the provider has excluded all liability for data breaches D18 months' fees — Indian courts uplift caps by 50% for negligence

Quiz 1 — Mid-Course