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NCMA CPCM Exam - Topic 5 Question 118 Discussion

Posted by Mirta on Nov 25, 2025 at 11:16 AM

The voluntary and unilateral relinquishment by some act or conduct of a person of a right that he or she has is known as:

Suggested Answer: D

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30 comments · newest first
MA
Mammie 6 months ago
I remember learning about waivers in class. It makes sense!
VI
Virgina 6 months ago
I feel confident about D) Waiver too. It’s clear in the context.
PA
Paulina 6 months ago
D) Waiver is definitely the best choice. It’s about giving up a right.
FL
Floyd 6 months ago
I’m torn between C) Actual authority and D) Waiver.
KA
Kayleigh 7 months ago
Agreed! Waiver fits the definition perfectly.
BA
Barney 7 months ago
I thought it was more complicated than that!
AN
Annita 7 months ago
D) Waiver is correct, it's a common legal term.
GL
Glendora 8 months ago
Wait, are we sure it's not A) Executory?
RA
Raina 8 months ago
Totally agree, it's all about giving up a right.
AR
Art 8 months ago
It's definitely D) Waiver.
MA
Malcolm 8 months ago
D) Waiver, no doubt. Although I wish I could waive the entire exam and still get the certification.
AL
Allene 8 months ago
Definitely D) Waiver. Although I'm tempted to choose "Apparent authority" just because it sounds more interesting.
RI
Rima 8 months ago
D) Waiver, easy peasy. Now, if only I could waive my student loans...
ED
Eden 9 months ago
I always get "waiver" and "wavier" mixed up. Maybe I should just waive the exam and try again next time.
RU
Rupert 9 months ago
I feel like "waiver" is the answer, but I can't recall the exact definition we discussed in class.
BE
Bernadine 9 months ago
I keep mixing up the terms. Wasn't there something about unilateral actions in a case study we did?
AR
Armando 9 months ago
Ugh, I'm drawing a blank on the terminology here. Let me quickly review my notes and see if I can jog my memory before time runs out.
TH
Theresia 9 months ago
Okay, I've got this. The question is asking about voluntarily giving up a right, so the answer has to be D) Waiver. Feeling confident on this one.
JA
Jaime 9 months ago
I'm a bit confused on the difference between actual and apparent authority. I'll have to review those before deciding on the answer.
KA
Kallie 10 months ago
I think this might be about waiving a right, but I'm not completely sure if that's the right term.
MA
Mauricio 10 months ago
D) Waiver is the correct answer. It's the only option that describes the voluntary relinquishment of a right.
AR
Aretha 10 months ago
I think it's D) Waiver. Sounds right.
MA
Matt 10 months ago
I remember practicing a question on authority types, but this one feels different. I want to say it's D) Waiver, though.
HO
Hortencia 11 months ago
Waiver, that's gotta be it. I remember learning about that in class - it's when you voluntarily give up a right you have.
EL
Elden 11 months ago
Hmm, this seems like a tricky one. I'll need to think through the key concepts of rights and relinquishment to figure out the right answer.
WI
Winfred 5 months ago
↳ replying to Elden
Definitely D) Waiver. It’s the most relevant here.
SA
Sarah 5 months ago
↳ replying to Elden
True, but it doesn't fit the relinquishment part.
AD
Adaline 6 months ago
↳ replying to Elden
But what about A) Executory? Isn't that related to obligations?
HA
Harris 6 months ago
↳ replying to Elden
That makes sense! Waiver is about giving up a right.
SA
Samuel 10 months ago
↳ replying to Elden
I think it might be D) Waiver.
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