Cips l4m3 - Study guides, Class notes & Summaries
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CIPS L4M3 (Commercial Contracting) QUESTIONS AND ANSWERS COMPLETE AND RATED A
- Exam (elaborations) • 16 pages • 2024
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CIPS L4M3 (Commercial Contracting) QUESTIONS AND ANSWERS COMPLETE AND RATED A
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CIPS L4M3 LO1-Legal issues in relation to commercial contracts- Qs & As
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CIPS L4M3 LO1-Legal issues in relation to commercial 
contracts- Qs & As 
what issues can occur as a result of misunderstanding in the specification? Correct Ans-- 
poor bids being received 
- claims for extensions of time or additional payments 
- administration costs resulting from contract clarification ord
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CIPS L4M3 (Commercial Contracting) EXAM QUIZ AND ANSWERS
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CIPS L4M3 (Commercial Contracting) EXAM 
QUIZ AND ANSWERS
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L4M3 - CIPS: Commercial Contracting Questions and Answers 100% Correct
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L4M3 - CIPS: Commercial Contracting Questions and Answers 100% CorrectL4M3 - CIPS: Commercial Contracting Questions and Answers 100% CorrectL4M3 - CIPS: Commercial Contracting Questions and Answers 100% Correct 
Ad-Hoc Purchase - ANSWER-An item bought for a single and non-recurring use or purpose 
 
Alternative Dispute Resolution (ADR) - ANSWER-Any method of resolving a dispute between two parties which does not involve court action, including escalation to higher levels of authority, mediation,...
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CIPS L4M3 Commercial Contracting Review Questions and Correct Answers
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Ad-Hoc Purchase An item bought for a single and non-recurring use or purpose 
Alternative Dispute Resolution (ADR) Any method of resolving a dispute between two parties which does not involve court action, including escalation to higher levels of authority, mediation, adjudication and arbitration 
Articles of Incorporation The legal document creating a commercial company and setting out its purpose 
Base Year The starting point for an index, at which point the index is set to 100 
Battle of the ...
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COMBINED CIPS L4M3 (Commercial Contracting) EXAM STUDY GUIDE QUESTIONS AND ANSWERS BUNDLE RATED A.
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COMBINED CIPS L4M3 (Commercial Contracting) EXAM STUDY GUIDE QUESTIONS AND ANSWERS BUNDLE RATED A.
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L4M3 - CIPS: Commercial Contracting Questions with Correct Answers
- Exam (elaborations) • 17 pages • 2024
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L4M3 - CIPS: Commercial Contracting Questions with Correct Answers
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L4M3 - CIPS: Commercial Contracting Questions with Correct Answers
- Exam (elaborations) • 17 pages • 2024
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L4M3 - CIPS: Commercial Contracting Questions with Correct Answers
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L4M3 - CIPS: Commercial Contracting- Questions and Answers
- Exam (elaborations) • 16 pages • 2024
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L4M3 - CIPS: Commercial Contracting- Questions and 
Answers 
What is stage 1 of the CIPS procurement cycle? Correct Ans-Understanding the need and 
developing a high- level specification
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L4M3 - CIPS: Commercial Contracting
- Exam (elaborations) • 10 pages • 2024
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L4M3 - CIPS: Commercial Contracting 
 
Ad-Hoc Purchase 
An item bought for a single and non-recurring use or purpose 
Alternative Dispute Resolution (ADR) 
Any method of resolving a dispute between two parties which does not involve court action, including escalation to higher levels of authority, mediation, adjudication and arbitration 
Articles of Incorporation 
The legal document creating a commercial company and setting out its purpose 
Base Year 
The starting point for an index, at which po...
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