CIPS Exam L4M3 Topic 3 Question 60 Discussion

Actual exam question for CIPS's L4M3 exam

Question #: 60
Topic #: 3

[All L4M3 Questions]

Which of the following documents are likely to have legal standing? Select TWO that apply:

AQuotation

BRequest for information

CTender

DRequisition

EEstimate

Show Suggested Answer

Suggested Answer: A, C

A quotation and a tender are both firm offers which have legal standing to the offeror. Tenders are more detailed than quotations and will include quality aspects as well as prices.

LO 1, AC 1.1 & AC 1.2

by Raylene at Jul 10, 2025, 02:36 AM

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Moon

14 days ago

A and E, for sure. Quotations and estimates are like the legal equivalent of a handshake and a wink, am I right folks?

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Marion

22 days ago

Hmm, this is a tough one. I'm going to go with C and D, but only because I heard the exam proctor has a thing for formal procurement documents.

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Amber

29 days ago

I'm not sure about Estimate, but I think Quotation could also have legal standing.

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Tanesha

1 months ago

I agree with Herminia, Tender and Requisition seem like the most legally binding documents.

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Herminia

1 months ago

I think Tender and Requisition have legal standing.

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Dorothea

1 months ago

I'm going with B and E. Who needs legal standing when you can just wing it with a request for info and a friendly estimate, am I right?

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Whitley

27 days ago

I agree, it's always better to have the proper documentation in place to protect yourself.

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Nicolette

28 days ago

I think you might be taking a risk with that approach. Legal standing can be important in certain situations.

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Rebbecca

2 months ago

C and D seem like the obvious choices here. Tenders and requisitions are definitely legally binding documents.

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Yoko

29 days ago

I'm not sure about E, but C and D definitely seem like the right choices.

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Lorriane

1 months ago

I think C and E could also be legally binding documents.

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Melissa

1 months ago

I agree, C and D are the most likely to have legal standing.

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