CIPS L4M3

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Total 193 questions | Updated On: Apr 23, 2024
Question 1

A retailer prefers to display its best selling products and promotion programme on the building windows. According to rule of contract formation, this act will generally constitute...?


Answer: B
Question 2

Which of the following are true statements about RFQ process? Select TWO that apply.


Answer: B,C
Question 3

Sally places a purchase order to the supplier for some components that her company requires. The supplier delivers the goods as she asks, but the quality assurance team finds that these components are defective and unfit for the company's operations. Which document is the ground to decide whether the goods received are fit for purpose?


Answer: C
Question 4

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 5

Transit New Zealand, a public railway authority in New Zealand, opens an ITT for a contract to realign the railroads at Vinegar Hill. The agency has a statutory obligation to employ a fair and transparent tendering process. Which of the following is one of the actions that the agency must perform to ensure their compliance with the law?


Answer: D
Page:    1 / 39   
Total 193 questions | Updated On: Apr 23, 2024

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Name: Commercial Contracting
Exam Code: L4M3
Certification: CIPS Certification
Vendor: CIPS
Total Questions: 193
Last Updated: Apr 23, 2024