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

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Malinda

21 days 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!

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Kristeen

2 days ago

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

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Annmarie

3 days ago

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

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Roslyn

1 months ago

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

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Gary

9 days ago

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

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Arlette

14 days ago

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

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Lisha

20 days ago

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

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Carla

1 months ago

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

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Tracey

22 days ago

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

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Veronika

28 days ago

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

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Annmarie

1 months ago

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

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Earleen

1 months ago

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

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Marti

2 months ago

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

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Annmarie

2 months ago

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

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