Free CIPS L4M3 Exam Questions

Become CIPS Certified with updated L4M3 exam questions and correct answers

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Total 193 Questions | Updated On: Oct 28, 2025

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Question 1

Which of the following usually have no legal standing? Select TWO that apply:

A : mmission

B : amework agreement

C : amework arrangement

D : timate

E : rvice level agreement

Answer: C,D

Question 2

When should liquidated damages clauses be written into a contract?

A : en the breaching party wants to exclude all its liabilities

B : en the innocent party wants to punish the breaching party.

C : en the loss to the innocent party will be either too uncertain or too difficult to calculate.

D : en the court approves the damages amount before the contract is executed.

Answer: C

Question 3

Crown Commercial Service signed a four-year framework agreement with three suppliers on providing street lightning services. When the services are needed, the agency holds a mini competition. Eventually, the deal was awarded to Amey Public Services (APS) which was not listed as a supplier on the framework. Is this action compliant with legal requirement?

A : , because APS tender matched all Crown Commercial Service’s requirement

B : No, because APS tender had not been evaluated before contract award

C : , because once the framework agreement is set up, no additional suppliers can be added to it

D : , because the intention had been to award the contract to APS in line with the framework agreement

Answer: C

Question 4

Which of the following is the term that describes an item bought for a single and non-recurring use or purpose?

A : ock purchase

B : ll-off purchase

C : -hoc purchase

D : erational purchase

Answer: C

Question 5

Which of the following is likely to reduce risks of different rules regarding when offers and acceptance become effective between legal systems?

A : me lapse

B : tter of intent

C : thdrawal protocol

D : emed receipt protocol

Answer: D

Page: 1 / 39

Total 193 Questions | Updated On: Oct 28, 2025

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