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CIPS L6M5 Exam - Topic 3 Question 18 Discussion

Which of the following statements about NEC contracts are true? Select all that apply
D) The contracts are designed to be flexible and allow for a range of payment options and E) The contracts use simple English in the present tense
A) The suite of contracts is commonly known as the Rainbow Suite
B) The contracts are commonly used in the private sector
C) The contracts are commonly used in the IT and financial industries

CIPS L6M5 Exam - Topic 3 Question 18 Discussion

Actual exam question for CIPS's L6M5 exam
Question #: 18
Topic #: 3
[All L6M5 Questions]

Which of the following statements about NEC contracts are true? Select all that apply

Show Suggested Answer Hide Answer
Suggested Answer: D, E

NEC contracts are designed to be flexible with various payment options and use simple, present-tense English.


Contribute your Thoughts:

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Martina
3 months ago
D is key, flexibility is a big plus for these contracts.
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Hillary
3 months ago
E is misleading, they use legal terms, not simple English.
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Alexis
4 months ago
C is a bit tricky, but I don’t think it’s widely used in finance.
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Francesco
4 months ago
B seems correct too, I've seen it in private projects.
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Emeline
4 months ago
I agree, A is definitely right.
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Adria
5 months ago
I think A and D are true.
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Taryn
5 months ago
E) sounds too good to be true, are they really that simple?
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Hana
5 months ago
C) is a bit surprising, I didn't know they were used in IT.
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Ira
5 months ago
I thought NEC contracts were mostly for public projects, not private.
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Tasia
5 months ago
C is definitely true. I've seen these contracts used a lot in the tech world. Gotta love that IT jargon!
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Kattie
5 months ago
I always get confused between the Rainbow Suite and the Skittles Spectrum. Maybe I should just stick to Snickers for the exam.
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Delmy
6 months ago
D sounds right; I remember discussing how NEC contracts are meant to be flexible, especially regarding payment methods.
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Carlton
6 months ago
C seems a bit off to me. I don't recall NEC contracts being specifically tied to IT or finance sectors.
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Daren
6 months ago
I'm not sure about B; I feel like NEC contracts are more common in public sector projects, but maybe they are used in private too?
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Barrett
6 months ago
Wait, are the NEC contracts used in the IT and financial industries? I'm not sure about that, but I'll give it a try and see if it's correct.
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Hayley
6 months ago
I remember learning about the "Rainbow Suite" of NEC contracts in one of my classes. I'm pretty confident that's a true statement, so I'll select that one.
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Gracia
6 months ago
The NEC contracts use simple English in the present tense? That's an interesting detail. I'm not sure about that one, so I'll leave it unchecked for now.
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Elvera
7 months ago
I think A is correct because I remember the term "Rainbow Suite" being mentioned in our lectures.
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Kimbery
7 months ago
A, D, and E seem to be the correct answers. The NEC contracts are known for their flexibility and easy-to-understand language.
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Noemi
7 months ago
A) is definitely true, it's called the Rainbow Suite.
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Aliza
7 months ago
B) and D) are spot on! They really are flexible.
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Rene
7 months ago
The NEC contracts are like the Swiss Army knife of the construction industry - versatile and practical.
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Princess
8 months ago
Okay, I think I've got a handle on this. The NEC contracts are commonly used in the private sector, and they're designed to be flexible with payment options. I'll select those.
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Jesus
8 months ago
Hmm, I'm not too familiar with NEC contracts, so I'll need to read through the options carefully to see what I can confidently select.
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Lisha
2 months ago
Let's research more about these contracts together!
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Allene
3 months ago
E seems a bit off, simple English? Really?
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Buddy
3 months ago
D sounds right too, flexibility is key.
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Desmond
3 months ago
I agree, but I'm not sure about C.
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Dahlia
3 months ago
I think A and B are definitely true.
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