CIPS L4M3 Exam - Topic 6 Question 40 Discussion

Actual exam question for CIPS's L4M3 exam

Question #: 40
Topic #: 6

[All L4M3 Questions]

The model form contract invented by Institute of Civil Engineers is...?

ANEC

BIMechE/IET

CFIDIC

DJCT

Show Suggested Answer

Suggested Answer: D

When parties do not negotiate face-to-face, a key Question: becomes when

things like acceptances, rejections and revocations take effect. The general rule is that acceptances are effective on dispatch (when they are mailed). Everything else becomes effective when the offeror actually receives them. This idea is codified by the ''mailbox rule'' which states that acceptance is effective on dispatch, even before the offeror has received it. (The one minor exception to this rule involves option contracts for which acceptances are not effective until they are received by the offeror.)

- The Mailbox Rule

- CIPS study guide page 34

by Isidra at Jul 17, 2024, 04:38 AM

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Queenie

7 months ago

NEC has been around for ages, can't argue with that!

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Judy

8 months ago

Wait, are we sure it's not IMechE/IET? That sounds familiar.

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Erick

8 months ago

FIDIC is more common internationally, right?

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Dick

8 months ago

I thought it was JCT, but I could be wrong.

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Pauline

8 months ago

It's definitely NEC!

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Mollie

9 months ago

I’m leaning towards IMechE/IET, but I can't recall if they actually developed a model form contract.

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Selene

9 months ago

JCT sounds familiar, but I feel like it’s more associated with the UK construction industry rather than the ICE.

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Miesha

9 months ago

I remember studying FIDIC contracts, but I don't think that's the one we're looking for here.

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Tambra

9 months ago

I think the NEC might be the right answer, but I’m not completely sure if it was specifically created by the Institute of Civil Engineers.

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Delila

9 months ago

Ah, I remember learning about this in my construction law class. The answer is A, NEC. The New Engineering Contract is the model form developed by the Institute of Civil Engineers.

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William

9 months ago

The Institute of Civil Engineers? That's a tough one. I'm going to guess B, IMechE/IET, since they're also major engineering institutions, but I'm not totally confident in that.

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Aron

9 months ago

Hmm, I'm not entirely sure about this one. I know the Institute of Civil Engineers is involved in construction, but I can't recall the specific model form they use. I'll have to think this through carefully.

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Art

9 months ago

I'm pretty sure the answer is C. FIDIC is a well-known model form contract used in the construction industry.

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Jillian

9 months ago

I've got this! A rolling upgrade and a database migration are the two scenarios that require the encryption key. Easy peasy.

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Lou

10 months ago

I think building a custom cloud builder image is the way to go here. That way, we can ensure the build tool is available and we don't have to worry about downloading it during the build process.

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