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Evidence Guide: CPPREP4163 - Complete post-auction process and contract execution

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

CPPREP4163 - Complete post-auction process and contract execution

What evidence can you provide to prove your understanding of each of the following citeria?

Execute contract.

  1. Ensure both parties have signed the contract of sale.
  2. Explain ramifications of either party refusing to sign the contract.
  3. Exercise authority to sign on behalf of the vendor where this has been specified.
  4. Implement contingencies where one or both parties refuse to sign.
  5. Confirm payment of deposit within contract terms.
  6. Identify circumstances where issues related to contract execution are outside of scope of authority.
Ensure both parties have signed the contract of sale.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Explain ramifications of either party refusing to sign the contract.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Exercise authority to sign on behalf of the vendor where this has been specified.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Implement contingencies where one or both parties refuse to sign.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm payment of deposit within contract terms.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify circumstances where issues related to contract execution are outside of scope of authority.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify successful bidder.

  1. Confirm identity of successful bidder.
Confirm identity of successful bidder.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Respond to any disputes regarding winning bidder status.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm authority of bidder acting on behalf of another party.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify legal entity to enter contract.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Ensure contract contains correct details and any variations to contract terms as allowed by relevant regulations.

  1. Ensure both parties have signed the contract of sale.
Ensure both parties have signed the contract of sale.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Explain ramifications of either party refusing to sign the contract.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Exercise authority to sign on behalf of the vendor where this has been specified.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Implement contingencies where one or both parties refuse to sign.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm payment of deposit within contract terms.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify circumstances where issues related to contract execution are outside of scope of authority.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Maintain records of auction.

  1. Complete post-auction documentation according to legislative requirements.
Complete post-auction documentation according to legislative requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Maintain records of auction according to legislative requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Required Skills and Knowledge