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CPPB TRUE/FALSE
ACTUAL EXAM WITH CORRECT
SOLUTIONS.
The American legal system looks to statutory law, common law and administrative law for guidance. T/F - correct answer- TRUE
Antitrust laws help to prevent bid rigging. - correct answer- TRUE
Public procurement professionals only need to know about state law and are not governed by federal laws. T/F - correct answer- FALSE
Tort law is criminal law and is applicable to all precontract proceedings. T/F - correct answer- FALSE
An agent is the primary person who has authority to assign authority for another. T/F - correct answer- FALSE
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Public purchasing professionals should not advocate changes to legislative laws, because this is thought to be a conflict of interest. T/F - correct answer- FALSE
The Uniform Commercial Code (UCC) covers the sale of goods. T/F - correct answer- TRUE
The Model Procurement Code covers warranties. T/F - correct answer- FALSE
If a buyer accepts the goods, they no longer have the right to reject them. T/F - correct answer- TRUE
Mutuality of Obligation and Consideration are two elements of a contract that are related. T/F - correct answer- TRUE
Some contracts related to particular activities may be highly regulated by state and/or federal law. T/F - correct answer- TRUE
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