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CIPS L5M3 Exam - Topic 1 Question 60 Discussion

What is a Prime Contract?
B) A contract between an end customer and a company which has full responsibility for its performance
A) A contract between a buyer and main supplier
C) A contract between a supplier and a subcontractor
D) A contract between a public sector organisation and the taxpayer

CIPS L5M3 Exam - Topic 1 Question 60 Discussion

Actual exam question for CIPS's L5M3 exam
Question #: 60
Topic #: 1
[All L5M3 Questions]

What is a Prime Contract?

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Suggested Answer: B

'A contract between an end customer and a company which has full responsibility for its perfor-mance' is the correct answer. This is the definition of Prime Contract given on p. 47


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Lorita
2 months ago
D is interesting, but not really a prime contract.
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Jina
2 months ago
A seems right too, but B covers more ground.
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Helaine
2 months ago
I agree, B makes the most sense. It's about accountability.
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An
3 months ago
I think it's B. Full responsibility is key.
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Josefa
3 months ago
Totally agree, B makes the most sense!
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Gracia
3 months ago
Wait, is it really that straightforward?
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Yolando
3 months ago
B is the correct answer!
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Goldie
3 months ago
I thought it was just between a buyer and supplier.
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Lili
3 months ago
It's definitely a contract between the end customer and the main company.
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Ligia
4 months ago
I'll take a prime rib contract over a prime contract any day. At least I know what I'm getting with that one.
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Lorrie
4 months ago
B) is the right answer. A prime contract puts all the responsibility on the main supplier. No subcontractors to blame!
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Antonio
4 months ago
D) A contract between a public sector organisation and the taxpayer? Really? That's just silly.
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Avery
5 months ago
B) is the correct answer. A prime contract is when the customer deals directly with the main contractor, not a subcontractor.
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Donte
5 months ago
I thought a prime contract was when you get the best deal on a new car. Guess I need to brush up on my procurement lingo.
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Marvel
5 months ago
B) A contract between an end customer and a company which has full responsibility for its performance. That's the definition of a prime contract.
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Rex
5 months ago
I thought a Prime Contract was more about the relationship between the main contractor and the client, so I lean towards B, but I could be wrong.
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Joseph
5 months ago
I feel like I've seen questions about contracts before, but I can't recall if it was about the buyer or the end customer. Could it be A or B?
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Annamae
6 months ago
I remember discussing that a Prime Contract involves full responsibility, which sounds like B. That seems to fit the definition we practiced.
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Bea
6 months ago
I think a Prime Contract is related to the main supplier, so maybe it's A? But I'm not entirely sure.
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Ammie
6 months ago
This seems like a straightforward definition question. I'm going to eliminate the options that don't sound right, and then go with the one that best fits the description of a prime contract. B seems like the most logical choice here.
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Lakeesha
6 months ago
I'm a little confused by the wording of the question. Is a prime contract specifically between a public sector organization and the taxpayer? Or is that just one type of prime contract? I'll have to re-read the options carefully.
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Diane
6 months ago
Okay, let me think this through step-by-step. A prime contract is the main contract, so it has to be between the end customer and the company responsible for the whole project. I'm pretty confident B is the right answer here.
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Anthony
6 months ago
Hmm, I'm a bit unsure about this one. I know prime contracts have something to do with the main supplier, but I can't quite remember the exact definition. I might have to think this through a bit more.
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Dawne
7 months ago
I think this one is pretty straightforward. I'd go with option B - a contract between an end customer and a company with full responsibility.
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Julianna
6 days ago
Option A is also valid, but B is clearer for me.
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My
11 days ago
Definitely, full responsibility is key in a prime contract.
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Renay
16 days ago
I agree, option B makes the most sense.
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