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Free CIPS L5M3 Exam Questions

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  • CIPS L5M3 Exam Questions
  • Provided By: CIPS
  • Exam: CORE Level 5 Managing Contractual Risk
  • Certification: Level 5 Advanced Diploma in Procurement and Supply
  • Total Questions: 122
  • Updated On: Nov 14, 2024
  • Rated: 4.9 |
  • Online Users: 244
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  • Question 1
    • 2021-03-31-15-36-11-0cfaf8452dd7dd756d2fb60fe4b41708
      Which of the following will you put into box 2?


      Answer: B
  • Question 2
    • Which of the following would constitute an offer? Select TWO:


      Answer: A,D
  • 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


      Answer: B,C
  • Question 4
    • 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?


      Answer: D
  • Question 5
    • Logan Gin Distillery is creating a contract for one of its new suppliers. It is a complicated item that they are ordering and if things go wrong, it would have an extremely negative impact on production, and therefore on revenue. However it is impossible to say what the cost of this would be if things were to go wrong. What type of clause should be included in the contract?


      Answer: B
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