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 L5M3 Dumps with Practice Exam Questions Answers

Questions: 120 questions

Last Update: May 15, 2024

CIPS Certification Exam L5M3 has been designed to measure your skills in handling the technical tasks mentioned in the certification syllabus

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L5M3 Questions and Answers

Question # 1

Which of the following is not a way in which a contract can end?









Question # 2

Popsi Cula is a manufacturer of sugared beverages and produces over 5000 tonnes of soda each day. It is extremely important that ingredients are delivered to the factory on specific days in order for the production to keep to its very tight schedule. Popsi Cula is onboarding a new supplier - which of the following clauses would it be important for the contract to contain?


liquidated damages


limitation of liability


time is of the essence



Question # 3

Which of the following will you put into box 2?


Payment Term


Time is of the Essence





Question # 4

Which of the following will you put into box 1?




reputational damage


penalty clause


consequential loss

Question # 5

What is a boilerplate clause?


the clause that will take precedent if there are conflicting pieces of information within a contract


a type of warranty


a clause that allows the contract to be modified if both parties are in agreement


a set of clauses that are commercially standard and expected in all contracts