CIPS Exam A8 Topic 1 Question 57 Discussion

Actual exam question for CIPS's A8 exam

Question #: 57
Topic #: 1

[All A8 Questions]

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

AThe court forcing the supplier to perform the remainder of the contract after a breach has occurred

BThe award of financial compensation to be paid, by the party judged to be in breach of the contract, to the other party

CThe buyer being free to find a different supplier to get the work completed in a satisfactory manner

DThe innocent party being able to behave as if the contract had never existed in the first place.

Show Suggested Answer

Suggested Answer: D

by Claribel at Apr 28, 2024, 01:53 AM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

9 months ago

Makes sense now. I was leaning towards financial compensation, but your reasoning is solid.

upvoted 0 times

...

9 months ago

I agree. Option D fits best. The innocent party treats it like the contract didn't happen.

upvoted 0 times

...

9 months ago

But that is exactly what repudiation is. It's option D, right?

upvoted 0 times

...

10 months ago

Yeah, options were tricky. I mean, how do you act like a contract never existed?

upvoted 0 times

...

10 months ago

Honestly, it felt a bit confusing. Was it just me?

upvoted 0 times

...

10 months ago

Hey, what do you think about that repudiation of a contract question?

upvoted 0 times

...