Free CIPS L3M3 Exam Dumps Questions & Answers


Exam Code/Number:	L3M3Join the discussion
Exam Name:	Contract Administration
Certification:	CIPS
Free Question Number:	92
Publish Date:	Aug 17, 2026
# of views:	1443
Rating 100%

Page: 1 / 19
Total 92 questions

Question 1

When a proposal fits with organisational strategy / direction / values, this can be described as:

A.Ailment
B.Accompaniment
C.Alignment
D.Adjournment

Question 2

Which of the following are barriers to trade?

A.Complex customs procedures
B.Embargoes
C.Quotas
D.Customs duties / tariffs
E.Subsidies
F.Exchange controls

Question 3

What do we call it when a seller sets a low introductory price to win customers, or to discourage competitors owing to the low margins achievable in the marketplace? Choose one.

A.Competitive pricing
B.Promotional pricing
C.Cost mark-up pricing
D.Penetration pricing

Question 4

Where the buying organisation's contract manager feels that a contractor has under-performed, which one of the following actions is normally not recommended?

A.Implementing any liquidated damages clause in the contract
B.Offering a bonus payment for remedying any defects
C.Serving a deficiency notice to indicate the significance of the situation
D.Issuing a termination notice

Question 5

When negotiating, it is highly desirable to have both a:

A.DOPA and a BANTA
B.BATNA and a FOPA
C.BATNA and a ZOPA
D.ZOPA and a TABNA