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Free CIPS L4M3 Exam Questions

Try our Free Demo Practice Tests for Comprehensive L4M3 Exam Preparation

  • CIPS L4M3 Exam Questions
  • Provided By: CIPS
  • Exam: Commercial Contracting
  • Certification: CIPS Certification
  • Total Questions: 193
  • Updated On: Mar 26, 2025
  • Rated: 4.9 |
  • Online Users: 386
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  • Question 1
    • Which of the following is likely to reduce risks of different rules regarding when offers and acceptance become effective between legal systems?


      Answer: D
  • Question 2
    • A company needs to source a product from oversea. It wants to overcome technical barrier to cross-border trade by using standards in the specification. Which of the following is most likely to be incorporated into that specification?


      Answer: B
  • Question 3
    • Which of the following are likely to be advantages of using invitation to tender? Select TWO that apply:


      Answer: C,D
  • Question 4
    • Sharaton Foods Holding is looking for a vegetable harvesting and packaging system. They use the performance specification in the tendering process. What are the benefits of using this type of specification?
      1. Provide opportunities for innovation
      2. Potentially limit the competition among the suppliers
      3. Require less effort to produce a specification
      4. Allow the end user to provide details on technical aspects

      Answer: B
  • Question 5
    • You are to do the KPIs and targets for international supplier and the following was done
      1. Delivery in an hour
      2. Return orders in an hour
      Is that a good thing or not?

      Answer: B
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