Free CIPS L5M3 Exam Questions

Become CIPS Certified with updated L5M3 exam questions and correct answers

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Total 122 Questions | Updated On: Feb 17, 2025

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Question 1

2021-04-01-09-13-17-26ac4e281adef4bae85e39b38d532e9c

Which of the following will you put into box 4?

A : Payment Term

B : me is of the Essence

C : bcontracting

D : ecification

Answer: C

Question 2

Which of the following processes is the most adversarial?

A : diation

B : tigation

C : judication

D : gotiation

Answer: B

Question 3

Which of the following are a suitable course of action to take in the event of a minor breach of a contract? Select TWO

A : tigation

B : ogress meetings

C : llaboration

D : judication

E : quidated damages

Answer: B,C

Question 4

Which of the following is not a form of ADR (Alternative Dispute Resolution)?

A : diation

B : gotiation

C : bitration

D : nciliation

Answer: B

Question 5

Sarah is a baker and orders free-range eggs from a local supplier which she uses to make cakes. There is a contract in place which included a specification that states that the eggs must be free-range. One day the supplier delivers eggs which Sarah uses in the cakes. Later she discovered that these were not free-range. Sarah believes that the supplier has broken the contract. Is this true?

A : - this is a breach of a condition

B : - this is a fundamental breach

C : - the specification is not a contract document

D : - there has been a breach in a warranty

Answer: D

Page: 1 / 25

Total 122 Questions | Updated On: Feb 17, 2025

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