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CIPS L5M3 Exam With Confidence Using Practice Dumps

Exam Code:
L5M3
Exam Name:
Managing Contractual Risk
Certification:
CIPS Level 5 Advanced Diploma in Procurement and Supply
Vendor:
CIPS
Questions:
120
Last Updated:
Feb 26, 2025
Exam Status:
Stable
CIPS L5M3

L5M3: CIPS Level 5 Advanced Diploma in Procurement and Supply Exam 2025 Study Guide Pdf and Test Engine

Are you worried about passing the CIPS L5M3 (Managing Contractual Risk) exam? Download the most recent CIPS L5M3 braindumps with answers that are 100% real. After downloading the CIPS L5M3 exam dumps training , you can receive 99 days of free updates, making this website one of the best options to save additional money. In order to help you prepare for the CIPS L5M3 exam questions and verified answers by IT certified experts, CertsTopics has put together a complete collection of dumps questions and answers. To help you prepare and pass the CIPS L5M3 exam on your first attempt, we have compiled actual exam questions and their answers. 

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Managing Contractual Risk Questions and Answers

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Question 1

Which of the following will you put into box 1?

Options:

A.

subcontracting

B.

reputational damage

C.

penalty clause

D.

consequential loss

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Question 2

Verity Fashion is a clothing manufacturer and has an order to create 10,000 pairs of flipflops for a retailer for the summer. The order was placed over the phone in February. The order has been completed and has been boxed up ready for delivery. The retailer calls Verity Fashion in June and says that the order is no longer required. What action can Verity Fashion take?

Options:

A.

sue for damages as the flip flops have already been made and this incurred costs

B.

nothing- there is no written contract in place

C.

subcontract the manufacturing of the flipflops to a third party

D.

claim on insurance

Question 3

Which of the following will you put into box 3?

Options:

A.

Payment Term

B.

Time is of the Essence

C.

Subcontracting

D.

Specification

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