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Free Practice CIPS L5M3 Exam Questions 2025

Stay ahead with 100% Free CORE Level 5 Managing Contractual Risk L5M3 Dumps Practice Questions

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Total 122 Questions | Updated On: Apr 09, 2025
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Question 1

2021-03-31-15-36-11-0cfaf8452dd7dd756d2fb60fe4b41708

Which of the following will you put into box 2?


Answer: B
Question 2

Harry is negotiating a contract for a new IT system for his business. He is investing heavily in the system and wants the system to be able to provide the services he requires for the next 10 years. However he is aware that technology is changing quickly and would like to include a clause in the contract to ensure that the system he is purchasing is useable for the next 10 years. What should Harry include in the contract?


Answer: C
Question 3

Logan Gin Distillery is creating a contract for one of its new suppliers. It is a complicated item that they are ordering and if things go wrong, it would have an extremely negative impact on production, and therefore on revenue. However it is impossible to say what the cost of this would be if things were to go wrong. What type of clause should be included in the contract?


Answer: B
Question 4

Sarah is a baker and orders free-range eggs from a local supplier which she uses to make cakes. There is a contract in place which included a specification that states that the eggs must be free-range. One day the supplier delivers eggs which Sarah uses in the cakes. Later she discovered that these were not free-range. Sarah believes that the supplier has broken the contract. Is this true?


Answer: D
Question 5

Which of the following is not a form of ADR (Alternative Dispute Resolution)?


Answer: B
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Total 122 Questions | Updated On: Apr 09, 2025
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