CIPS Exam L5M3 Topic 1 Question 8 Discussion

Actual exam question for CIPS's L5M3 exam

Question #: 8
Topic #: 1

[All L5M3 Questions]

When there has been a major breach in a contract, the contract will be terminated. Is this statement true?

Ayes- the contract will be terminated and damages sought

Byes- the contract must be terminated as there is no means by which the contract could continue after a major breach

Cno- the contract can be affirmed by the injured party

Dno- the contract can continue if the offending party proves that further breaches won't occur

Show Suggested Answer

Suggested Answer: D

The correct answers are as follows:

This is litigation as it involves a legal team and it's public. Out of the 4 options only litigation is a public dispute resolution.

by Angella at Apr 01, 2023, 02:22 AM

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Domingo

9 days ago

I'm pretty sure the correct answer is C. The injured party can choose to affirm the contract even after a major breach, rather than automatically terminating it.

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Maryann

10 days ago

But what if the injured party decides to affirm the contract instead?

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Barrie

15 days ago

I agree with Bettina, the contract must be terminated after a major breach.

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Bettina

16 days ago

I think the statement is true, the contract will be terminated.

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