Free CIPS L5M3 Exam Dumps Questions & Answers

What is a boilerplate clause?

• A.a clause that allows the contract to be modified if both parties are in agreement
• B.a type of warranty
• C.the clause that will take precedent if there are conflicting pieces of information within a contract
• D.a set of clauses that are commercially standard and expected in all contracts

Which of the following will you put into box 8?

• A.Warranty
• B.Condition
• C.Innominate Term

Penguin Ltd has a contract with Blue Company. Blue Company has just broken a warranty in the contract. What remedies does Penguin Ltd have available?

• A.they can terminate the contract but cannot claim damages
• B.they can claim damages and terminate the contract
• C.they can sue and claim damages
• D.they can claim damages but not terminate the contract

Derrek owns a factory and employs a Facilities Management Company called Balls FM to look after certain aspects of the factory including cleaning and testing the machinery to ensure they are in good working condition. One day he realises that one of the cleaners doesn't work for Balls FM, he works for another company called Bells FM. Which of the following statements regarding subcontracting is true?

• A.Balls FM have committed a fundamental breach of the contract
• B.Subcontracting is never allowed in a contract unless specifically mentioned.
• C.It is okay for Balls FM to subcontract out part of the contract to Bells FM if they are unable to fulfil their obligations
• D.Subcontracting would be if Derrek delegated responsibility for managing the contract to a member of his team

Which of the following would not be considered acceptance of a contract term?

• A.silence
• B.a handshake
• C.an invoice
• D.accepting a delivery of a product into the factory