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Certified Professional Contracts Manager(CPCM)

Exam Details

  • Exam Code
    :CPCM
  • Exam Name
    :Certified Professional Contracts Manager(CPCM)
  • Certification
    :Certified Professional Contracts Manager
  • Vendor
    :NCMA
  • Total Questions
    :149 Q&As
  • Last Updated
    :May 11, 2024

NCMA Certified Professional Contracts Manager CPCM Questions & Answers

  • Question 41:

    is a gauge to measure a potential source against to determine its value.

    A. Evaluation standard

    B. Contract negotiation

    C. Organizational policy

    D. Independent estimates

  • Question 42:

    In a source selection method if proposals are the input using contract negotiation as a tool in order to produce which output?

    A. Organizational policy

    B. Contracts

    C. Legal review

    D. Market practice

  • Question 43:

    The theory of a system is that one comprehensive code governs all disputes.

    A. Pure civil law

    B. Communication law

    C. Diversity law

    D. None of the above

  • Question 44:

    The concept of deferring to the law of another jurisdiction that has a greater connection to the case is called:

    A. Dimity

    B. Signature

    C. Comity

    D. None of the above

  • Question 45:

    In Waiver principle according to Common law, an offer is presumed revocable unless stated otherwise.

    A. True

    B. False

  • Question 46:

    In interpretation of acceptance principle according to Civil law, missing terms are filled in by the court.

    A. True

    B. False

  • Question 47:

    In acceptance principle according to Civil law, no mirror image rule exists

    A. True

    B. False

  • Question 48:

    Which damages awarded to the plaintiff over and above what will barely compensate for his or her loss?

    A. Uniform Commercial Code

    B. Commercial Credit Act

    C. Commercial Code Form

    D. Uniform Code of Conduct

  • Question 49:

    is a model law developed to standardize commercial contracting law among the states.

    A. Uniform Commercial Code

    B. Commercial Credit Act

    C. Commercial Code Form

    D. Uniform Code of Conduct

  • Question 50:

    An international failure of a party to enforce a contract requirement, usually done for an act of immediate or future consideration from the other party is called:

    A. Performance

    B. Forbearance

    C. Patrol Evidence

    D. Jurisdiction

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