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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:
Nov 21, 2024
Exam Status:
Stable
CIPS L5M3

L5M3: CIPS Level 5 Advanced Diploma in Procurement and Supply Exam 2024 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

A large financial organisation ensures that they have contracts with all of their suppliers. In which instance would indemnity not necessarily form part of the contract?

Options:

A.

A Deed of Appointment of a Consultant

B.

In assignment of intellectual property rights

C.

A software licence agreement

D.

A confidentiality agreement

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Question 2

Alan has an ongoing contract with a supplier for the provision of gardening tools to his horti-culture business. He has been working with the supplier for over 20 years and has recently discovered that the supplier committed a breach in a warranty 3 years ago. Can Alan claim damages?

Options:

A.

yes- the breach has occurred and a contract is in place

B.

yes- Alan can claim damages and rescind the contract

C.

no- Alan could only claim if the breach was of a condition, not a warranty

D.

no- Alan cannot claim because the breach was so long ago

Question 3

A failure to perform a provision of a contract which does not affect the end performance of the contract is known as what?

Options:

A.

small breach

B.

minor breach

C.

major breach

D.

warranty breach

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