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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...?

Show Suggested Answer Hide 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
6 months ago
NEC has been around for ages, can't argue with that!
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Judy
6 months ago
Wait, are we sure it's not IMechE/IET? That sounds familiar.
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Erick
6 months ago
FIDIC is more common internationally, right?
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Dick
7 months ago
I thought it was JCT, but I could be wrong.
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Pauline
7 months ago
It's definitely NEC!
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Mollie
7 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
7 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
7 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
8 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
8 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
8 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
8 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
8 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
8 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
8 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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Beula
1 year ago
FIDIC? More like FIDDLY-diddly-doo, am I right? Engineers and their love for acronyms...
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Cherry
1 year ago
IMechE/IET? Nah, that's for mechanical and electrical engineering, not civil. Nice try, though!
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Gerald
11 months ago
IMechE/IET? Nah, that's for mechanical and electrical engineering, not civil. Nice try, though!
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Vi
11 months ago
D) JCT
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Cathern
11 months ago
C) FIDIC
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Kiley
11 months ago
B) IMechE/IET
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Catalina
12 months ago
A) NEC
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Fausto
1 year ago
JCT? Really? That's so old-fashioned. I thought we were done with that dinosaur.
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Vanda
1 year ago
I'm pretty sure it's the NEC form. Isn't that the one the Brits love to use?
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Julian
1 year ago
FIDIC, of course! Isn't that the one used worldwide for construction projects?
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Renato
11 months ago
JCT is also quite popular in the UK for construction contracts.
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Anjelica
12 months ago
JCT is also popular in the UK for construction contracts.
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Minna
12 months ago
I prefer NEC for its flexibility and collaborative approach.
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Adelle
12 months ago
Yes, FIDIC is indeed used worldwide for construction projects.
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Eveline
1 year ago
I prefer NEC for its flexibility and clarity.
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Almeta
1 year ago
Yes, FIDIC is widely used for construction projects globally.
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Stephane
1 year ago
Well, I think NEC is more commonly used in civil engineering projects because of its flexibility and collaborative approach.
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Barb
1 year ago
I disagree, I believe it is FIDIC.
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Stephane
1 year ago
I think the model form contract invented by Institute of Civil Engineers is NEC.
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