BlackFriday 2024! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

CIPS Exam A8 Topic 1 Question 55 Discussion

Actual exam question for CIPS's A8 exam
Question #: 55
Topic #: 1
[All A8 Questions]

Which of the following best describes the concept of repudiation of a contract?

Show Suggested Answer Hide Answer
Suggested Answer: D

Contribute your Thoughts:

Wilburn
4 months ago
I think option B is the correct choice. If financial compensation is awarded, it's a way to make up for the breach of contract.
upvoted 0 times
...
Elke
4 months ago
I see your point, But I still think option D is the most accurate description of repudiation of a contract.
upvoted 0 times
...
Arminda
5 months ago
But what about option C, where the buyer can find a different supplier? That also seems like a valid choice to me.
upvoted 0 times
...
Dannie
5 months ago
I agree with option D seems to be the best choice as it allows the innocent party to move on as if the contract never happened.
upvoted 0 times
...
Elke
5 months ago
I think the concept of repudiation of a contract is when the innocent party can act like the contract never existed.
upvoted 0 times
...
Verona
5 months ago
I'm not sure about that. I think it might also involve the buyer finding a different supplier to finish the work. Option C could also be a possibility.
upvoted 0 times
...
Edwin
6 months ago
I agree with Viva. Option D seems to be the best description because it allows the innocent party to move on as if the contract had never been signed.
upvoted 0 times
...
Viva
6 months ago
I think the concept of repudiation of a contract is when the innocent party can act as if the contract never existed.
upvoted 0 times
...
Quinn
7 months ago
Wait, hold up. Repudiation means the innocent party can just say, 'Nope, this contract is done.' So, I'm with Marcos on this one. Option D all the way.
upvoted 0 times
...
Eugene
7 months ago
Nah, I think you're all wrong. Option A has got to be the answer. The court forces the supplier to keep performing the contract, even after a breach. That's what repudiation is all about, right?
upvoted 0 times
Brinda
6 months ago
I see your point, but I still think it's option B. Financial compensation seems more fitting.
upvoted 0 times
...
Flo
6 months ago
I disagree, I think it's actually option D. The innocent party can act like the contract never happened.
upvoted 0 times
...
...
Stevie
7 months ago
I don't know, guys. Option C seems like it could be the right answer. If the supplier breaches, the buyer should be able to find someone else to get the job done. Seems like the most practical solution to me.
upvoted 0 times
...
Marcos
7 months ago
You know, I was reading up on this the other day, and I'm pretty sure option D is the correct answer. Repudiation means the innocent party can just walk away from the contract, like it never existed. That's the whole point, right?
upvoted 0 times
...
Lavelle
7 months ago
Hmm, I think option B is the way to go. If someone breaches the contract, they should have to pay up. That'll teach them a lesson! Plus, it's fair compensation for the other party.
upvoted 0 times
...
Helene
7 months ago
I'm not really sure what repudiation of a contract means, but option D sounds the most appealing to me. I mean, who wouldn't want to just pretend the contract never happened, right? No consequences, no fuss.
upvoted 0 times
...

Save Cancel