CIPS Exam L5M3 Topic 1 Question 6 Discussion

Actual exam question for CIPS's L5M3 exam

Question #: 6
Topic #: 1

[All L5M3 Questions]

A buyer and supplier have a contract and the supplier has committed a major breach. However, as they are the sole supplier to the buyer, the buyer has decided not to terminate the contract and instead to work with the supplier to remedy the situation. What is this called?

Aaffirmation of the contract

Bconflict resolution

Cawarding damages

Dassigning liability

Show Suggested Answer

Suggested Answer: D

The correct answers are as follows:

This is litigation as it involves a legal team and it's public. Out of the 4 options only litigation is a public dispute resolution.

by Theola at Feb 26, 2023, 07:27 AM

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Leigha

28 days ago

I'm just hoping the supplier doesn't try to pull a fast one and claim the contract was never breached in the first place. That would be a real plot twist!

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Tamie

29 days ago

This is a tough one, but I think the answer is B) conflict resolution. It's like a diplomatic solution, where the buyer is trying to work things out with the supplier instead of going straight to the nuclear option.

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Cherri

30 days ago

I'm feeling confident that the answer is B) conflict resolution. The buyer is trying to resolve the issue with the supplier instead of going the legal route. It's like a diplomatic solution, you know?

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Romana

5 days ago

A) affirmation of the contract

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Marylyn

1 months ago

Hmm, I'm leaning towards D) assigning liability. The buyer is acknowledging the supplier's breach, but still wants to work with them, so it seems like they're determining who is responsible.

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2 months ago

This is a tricky one. I think the answer is B) conflict resolution, as the buyer is trying to work with the supplier to remedy the situation instead of terminating the contract.

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3 months ago

I think the answer is A) affirmation of the contract.

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