Higher Test Marks with Free Online L5M3 Exam Practice

Assess the CertsIQ’s updated L5M3 exam questions for free online practice of your CORE Level 5 Managing Contractual Risk test. Our L5M3 dumps questions will enhance your chances of passing the Level 5 Advanced Diploma in Procurement and Supply certification exam with higher marks.

Exam Code: L5M3
Exam Questions: 122
CORE Level 5 Managing Contractual Risk
Updated: 19 Feb, 2026
Question 1

Franky B's is a popular restaurant chain which is seeking a resolution to a conflict it has with its supplier of Fried Chicken. It is looking for a dispute resolution that does not involve the court but in which an expert third party will make a binding decision. Which is the most suitable dispute resolution method for Franky B's?

Options :
Answer: B

Question 2

Sarah is a baker and orders free-range eggs from a local supplier which she uses to make cakes. There is a contract in place which included a specification that states that the eggs must be free-range. One day the supplier delivers eggs which Sarah uses in the cakes. Later she discovered that these were not free-range. Sarah believes that the supplier has broken the contract. Is this true?

Options :
Answer: D

Question 3

Which of the following would constitute an offer? Select TWO:

Options :
Answer: A,D

Question 4

Which of the following is not a form of ADR (Alternative Dispute Resolution)?

Options :
Answer: B

Question 5

2021-04-01-10-29-32-60d4982a051344803c8102c9c6f0c318

Which of the following will you put into box 6?

Options :
Answer: C

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