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Author Topic: CPS Exam  (Read 1023930 times)
energizer
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« Reply #30 on: July 18, 2001, 11:35:26 am »

Winkie,



Oh...NOW I see!  That does make a difference in the type of response you get.  Thanks.



I could actually give you a couple of "for instances,"  but I'll stick to one that was actually fairly recent.  (It also has the potential to happen again several times over the course of the next 2 years):



In the Business Law section of the exam, you are expected to be able to understand contract language (Other than studying for the CPS exam, I never had a course in Business Law).  One of my job responsibilities is to process end-of-lease paperwork on equipment leases that my boss signs.  He gives the paperwork to me when it comes in from the leasing company, and I have to read through it and make sure it agrees with the original lease agreement.  I found a discrepancy in the final paperwork that would have cost us approximately $3,500 more in end-of-lease charges.  Without the Business Law info I learned, I would not have known which parts of the "fine print"  in the final paperwork would not "stand up in court."  In this case, they tried to bill us for additional rental because the equipment was not picked up before the expiration date of the lease, which according to the "fine print" they could do even if the date was missed by their people!  I told my boss he should insist that since we notified them in writing (as required) 90 days before the expiration date, and their shipping department didn't contact us to schedule pickup of the equipment (which they were required to do) until the week before the expiration date, the delay was their fault and we would not pay any additional rental charges.



So, Winkie, does this help... or would you like some additional "for instance's?"



Best regards,



Your buddy... Energizer  
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