Most Recent CIPS A8 Exam Questions & Answers

Prepare for the CIPS Preparing and Managing Contracts exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the CIPS A8 exam and achieve success.

The questions for A8 were last updated on Nov 19, 2024.

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Question No. 1

Which of the following best describes the nature of risks, as applied to contract management?

AThe foreseeing of things that could possibly go wrong with the performance of the contract

BThe possibility that the goods being supplied might be dangerous in some way

CThe question of when ownership of the goods actually changes hands

DThe possibility that the goods being supplied might have to travel through unstable or war-torn parts of the world.

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Correct Answer: B

Question No. 2

Which of the following best describes the essential nature of contract management?

AExpediting or 'progress chasing'' particularly when goods ordered are late in arriving

BEnsuring that a legally binding contract is formed in the first place with particular attention to contract terms

CA process that ensures that the contract is performed to a standard that fully meets the objectives and expectations of the buyer

DTaking legal action in the event of a supplier not performing to the standard stated in the contract.

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Correct Answer: D

Question No. 3

Which of the following is most likely to be regarded as a warranty in a contract agreed under English law?

AThe goods shall be delivered at the time stipulated; time shall be of the essence of the order

BThe goods shall be delivered at the place or places stated on the order

CThe price paid will be the price agreed between the buyer and the seller

DThe goods should, if possible, be packaged in lots of 100 on pallets.

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Correct Answer: B

Question No. 4

Which of the following best describes the term 'retrospective discount'?

AA special discount awarded by a seller to a buyer because the buyer's company is an old and valued customer

BA discount that will be awarded if the buyer places orders totalling more than an agreed value during the year

CAn arrangement whereby the price of an item is reduced the more of the item is purchased

DAn extra discount awarded by a seller to a buyer after keen negotiation.

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Correct Answer: D

Question No. 5

Which of the following best describes litigation as a means of settling disputes between buyer and seller?

AIt is often used in international contracts

BIt is an agreement between both parties resulting from amicable discussion

CIt is an adversarial action under rules established in a country's constitution

DIt is a form of expert determination using a third party.

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Correct Answer: B

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