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: May 17, 2025
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Question 1

A purchase order can become a contract between supplier and purchaser if it is...?


Answer: C
Question 2

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


Answer: D
Question 3

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
Question 4

According to mailbox rule in some common law countries, at which point the offeree's acceptance will be effective?


Answer: C
Question 5

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
Page:    1 / 39      
Total 193 Questions | Updated On: May 17, 2025
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