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: Nov 13, 2024

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Question 1

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

A : diation

B : gotiation

C : bitration

D : nciliation

Answer: B

Question 2

Harry is negotiating a contract for a new IT system for his business. He is investing heavily in the system and wants the system to be able to provide the services he requires for the next 10 years. However he is aware that technology is changing quickly and would like to include a clause in the contract to ensure that the system he is purchasing is useable for the next 10 years. What should Harry include in the contract?

A : mitation of liability

B : rvice credits

C : nchmarking

D : ange control

Answer: C

Question 3

Which of the following would constitute an offer? Select TWO:

A : display in a shop window

B : advert on a website

C : auction

D : bid on an auction

E : price proposal that is valid for 14 days

Answer: A,D

Question 4

Which of the following would be included in a contract to assign costs and responsibilities between buyer and seller when products are delivered?

A : demnity

B : quidated Damages

C : ability

D : coterms

Answer: D

Question 5

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

Page: 1 / 25

Total 122 Questions | Updated On: Nov 13, 2024

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