IIA Exam IIA-CIA-Part3 Topic 1 Question 101 Discussion

Actual exam question for IIA's IIA-CIA-Part3 exam

Question #: 101
Topic #: 1

[All IIA-CIA-Part3 Questions]

When would a contract be dosed out?

AWhen there's a dispute between the contracting parties

BWhen ail contractual obligations have been discharged.

CWhen there is a force majenre.

DWhen the termination clause is enacted.

Show Suggested Answer

Suggested Answer: B

by Carey at Apr 09, 2025, 06:15 AM

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7 days ago

But what if there's a dispute between the parties? Wouldn't that also lead to the contract being dosed out?

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7 days ago

Hmm, I think D) When the termination clause is enacted makes the most sense. That's how you officially end a contract, isn't it?

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13 days ago

I'm pretty sure it's B) When all contractual obligations have been discharged. That's just common sense, right?

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16 days ago

I agree with Evelynn. Once all obligations are fulfilled, the contract should be dosed out.

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19 days ago

I think a contract would be dosed out when all contractual obligations have been discharged.

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