Higher Test Marks with Free Online L3M3 Exam Practice

Assess the CertsIQ’s updated L3M3 exam questions for free online practice of your Contract Administration (L3M3) test. Our L3M3 dumps questions will enhance your chances of passing the Level 3 Advanced Certificate in Procurement and Supply Operations certification exam with higher marks.

Exam Code: L3M3
Exam Questions: 90
Contract Administration (L3M3)
Updated: 02 Jun, 2025
Question 1

Goods or services which must be used together are called:

Options :
Answer: A

Question 2

Conducting individual and group-based (focus groups) in-depth interviews.

Is this quantitative or qualitative data gathering?

Options :
Answer: A

Question 3

The expression ‘consideration’ means:

Options :
Answer: C

Question 4

What do we call a contract term which is part of the contract, but which is not written into the contract documents?

Options :
Answer: D

Question 5

What is the term for a situation where a seller sets a high introductory price for a new product, to attract buyers who have a strong desire to get the product early, and who can afford it? The price then gets gradually reduced over time.

Options :
Answer: C

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