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CIPS Exam L3M3 Topic 1 Question 2 Discussion
Actual exam question for
CIPS's
L3M3 exam
Question #: 2
Topic #: 1
[All L3M3 Questions]
Topic #: 1
'Because they are set up for a specified duration, XXX contracts are subject to expiry rather than completion, unless they are renewed or extended.'
Suggested Answer:
B
Term contracts are set up for a period of time, or a 'term'.
The other answer options shown here are the subject of other QUESTION NO : s within this test.
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