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CIPS L4M3 Exam With Confidence Using Practice Dumps

Exam Code:
L4M3
Exam Name:
Commercial Contracting
Vendor:
Questions:
196
Last Updated:
Sep 16, 2025
Exam Status:
Stable
CIPS L4M3

L4M3: CIPS Level 4 Diploma in Procurement and Supply Exam 2025 Study Guide Pdf and Test Engine

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Commercial Contracting Questions and Answers

Question 1

Which of the following are most likely to be liabilities of suppliers under a guarantee clause?(SelectAny Two)

Options:

A.

TWO that apply

B.

Repair

C.

Decommissioning

D.

Upgrading

E.

Replacement

F.

Installation

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Question 2

Which of the following should be used in a contract for window cleaning during the next three months?

Options:

A.

Variable pricing arrangement

B.

Fixed pricing arrangement

C.

Standard schedule of rates

D.

Cost-plus arrangement

Question 3

Under a framework agreement, which of the following are supplier selection mechanisms? Select TWO that apply:

Options:

A.

Rescission of contract

B.

Mini competition

C.

Contract for lease

D.

Direct call-off

E.

Call off contract