CIPS Exam A8 Topic 1 Question 56 Discussion

Actual exam question for CIPS's A8 exam

Question #: 56
Topic #: 1

[All A8 Questions]

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.

Show Suggested Answer

Suggested Answer: B

by Erin at Apr 26, 2024, 04:57 AM

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My

1 days ago

I disagree, I believe it is an adversarial action under rules established in a country's constitution.

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Joaquin

2 days ago

I think litigation is often used in international contracts.

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Marshall

9 days ago

D) It is a form of expert determination using a third party.

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Derick

10 days ago

What about using an expert to help determine the outcome?

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Marshall

11 days ago

Ideally, yes. But sometimes litigation is necessary when parties cannot come to a resolution on their own.

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Lonny

12 days ago

B) It is an agreement between both parties resulting from amicable discussion

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Derick

13 days ago

But isn't it better to resolve conflicts through discussion and agreement?

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Marshall

14 days ago

That's right, especially when there are disagreements between parties from different countries.

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Lonny

15 days ago

A) It is often used in international contracts

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Derick

16 days ago

So, it's basically when both parties go to court to settle their dispute?

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Marshall

17 days ago

C) It is an adversarial action under rules established in a country's constitution

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