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 L5M3 Topic 1 Question 35 Discussion

Actual exam question for CIPS's L5M3 exam
Question #: 35
Topic #: 1
[All L5M3 Questions]

What is a Prime Contract?

Show Suggested Answer Hide Answer
Suggested Answer: B

'A contract between an end customer and a company which has full responsibility for its perfor-mance' is the correct answer. This is the definition of Prime Contract given on p. 47


Contribute your Thoughts:

Marvel
1 months ago
Option C is just silly. A prime contract is between the customer and the main contractor, not subcontractors. What is this, amateur hour?
upvoted 0 times
...
Gearldine
1 months ago
I agree with Taryn. Option B describes a prime contract perfectly. Straight to the point.
upvoted 0 times
Oretha
6 days ago
Exactly, it's clear and direct.
upvoted 0 times
...
Mayra
11 days ago
It's the main contract that holds full responsibility for performance.
upvoted 0 times
...
Gracia
15 days ago
Yes, a prime contract is between an end customer and a company.
upvoted 0 times
...
Lavera
24 days ago
I agree, option B is the correct one.
upvoted 0 times
...
...
Kristel
2 months ago
Ha! Option D is clearly a joke answer. A prime contract has nothing to do with taxpayers. Unless the government is the customer, I guess.
upvoted 0 times
Mica
19 days ago
So, a prime contract is basically the main agreement between a buyer and supplier, right?
upvoted 0 times
...
Lai
28 days ago
Yeah, option D seems like a joke answer, it's definitely not about taxpayers.
upvoted 0 times
...
Margurite
1 months ago
I agree, it makes sense that the main supplier would have the prime contract.
upvoted 0 times
...
Sherron
2 months ago
I think it's option A, a contract between a buyer and main supplier.
upvoted 0 times
...
...
Daren
2 months ago
Hmm, I'm not so sure. Option A could also be a prime contract, where the buyer has the main supplier handle everything.
upvoted 0 times
Rolande
2 months ago
Option B) A contract between an end customer and a company which has full responsibility for its performance
upvoted 0 times
...
Norah
2 months ago
Option A) A contract between a buyer and main supplier
upvoted 0 times
...
...
Dorinda
2 months ago
Hmm, that makes sense too. It's important for the main supplier to have full responsibility.
upvoted 0 times
...
Taryn
2 months ago
Option B seems like the correct answer. A prime contract is when the end customer deals directly with the company responsible for the entire project.
upvoted 0 times
Daisy
1 months ago
User 2
upvoted 0 times
...
Glory
2 months ago
User 1
upvoted 0 times
...
...
Roselle
2 months ago
I disagree, I believe it's option B, a contract between an end customer and a company which has full responsibility for its performance.
upvoted 0 times
...
Dorinda
3 months ago
I think a Prime Contract is option A, a contract between a buyer and main supplier.
upvoted 0 times
...

Save Cancel