NCMA Exam CPCM Topic 4 Question 104 Discussion

Actual exam question for NCMA's CPCM exam

Question #: 104
Topic #: 4

[All CPCM Questions]

Used without normal termination procedures, no-cost settlement can be considered when:

Athe seller has indicated it will accept it

Bno buyer property was furnished under the contract

Cthe product or service can be readily obtained elsewhere

DAll of the above

Show Suggested Answer

Suggested Answer: D

by Yuonne at Dec 05, 2024, 03:16 AM

Limited Time Offer

25%

Off

Get Premium CPCM Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Malinda

2 months ago

D, definitely. I mean, who doesn't love a good no-cost settlement, am I right? It's like a free lunch, but for contracts!

upvoted 0 times

Lennie

1 months ago

Definitely D. It's a no-brainer when it comes to saving money on settlements.

upvoted 0 times

...

Kristeen

1 months ago

I think D is the most logical choice here. Why pay when you can settle for free?

upvoted 0 times

...

Annmarie

1 months ago

I agree, D is the best option. No-cost settlements are always a win-win.

upvoted 0 times

...

Roslyn

2 months ago

Hmm, I'm not sure about this one. I'll have to think it through carefully before answering.

upvoted 0 times

Latonia

1 months ago

I'm not sure either, but I think it might be C) the product or service can be readily obtained elsewhere.

upvoted 0 times

...

Gary

1 months ago

I believe it's B) no buyer property was furnished under the contract.

upvoted 0 times

...

Arlette

2 months ago

I'm leaning towards A) the seller has indicated it will accept it.

upvoted 0 times

...

Lisha

2 months ago

I think it's D) All of the above.

upvoted 0 times

...

Carla

2 months ago

I think the correct answer is D. All of the above seem to be valid conditions for no-cost settlement.

upvoted 0 times

Tracey

2 months ago

Yes, it's important to consider all those factors before proceeding with a no-cost settlement.

upvoted 0 times

...

Veronika

2 months ago

I agree, all of those conditions make sense for a no-cost settlement.

upvoted 0 times

...

Annmarie

3 months ago

In that case, no-cost settlement may not be an option.

upvoted 0 times

...

Earleen

3 months ago

But what if the seller hasn't indicated they will accept it?

upvoted 0 times

...

Marti

3 months ago

I agree with Annmarie, because in those cases no-cost settlement can be considered.

upvoted 0 times

...

Annmarie

3 months ago

I think the answer is D) All of the above.

upvoted 0 times

...