CIPS Exam L5M3 Topic 1 Question 11 Discussion

Actual exam question for CIPS's L5M3 exam

Question #: 11
Topic #: 1

[All L5M3 Questions]

What is a boilerplate clause?

Athe clause that will take precedent if there are conflicting pieces of information within a contract

Ba type of warranty

Ca clause that allows the contract to be modified if both parties are in agreement

Da set of clauses that are commercially standard and expected in all contracts

Show Suggested Answer

Suggested Answer: B

The correct answers are as follows:

This is a fundamental breach. The key here is the scenario says 'huge issue'. Out of the four scenarios this one is the most important / serious and therefore will be the fundamental breach.

by Lavera at Jul 04, 2023, 04:32 PM

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Kallie

1 months ago

I'm gonna have to go with D. Boilerplate clauses are the boring-but-necessary bits that make the contract legit.

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Gene

1 months ago

Hah, boilerplate? More like 'snore-iplate' am I right? But seriously, D is the winner here.

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Isaac

1 months ago

I was leaning towards Option A, but after thinking about it, D is the most accurate description of a boilerplate clause.

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Cherrie

3 days ago

It's important to include boilerplate clauses to ensure consistency in contracts.

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Mammie

20 days ago

I agree, boilerplate clauses are standard in all contracts.

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Francisca

1 months ago

I think Option D is the correct answer.

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Jeniffer

1 months ago

Option D seems like the right answer. Boilerplate clauses are those standard legal terms that are commonly found in most contracts.

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Lorenza

2 months ago

I'm not sure, but I think it might be A, the clause that takes precedent in conflicts.

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Willow

2 months ago

I agree with Billye, D makes sense because boilerplate clauses are standard.

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Billye

2 months ago

I think a boilerplate clause is D, a set of standard clauses.

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Giuseppe

2 months ago

I'm not sure, but I think it might be A, the clause that takes precedent in conflicts.

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Owen

2 months ago

I agree with Linwood, D makes sense because boilerplate clauses are standard.

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Linwood

2 months ago

I think a boilerplate clause is D, a set of standard clauses.

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