Ohio Contract Manager Practice Exam Questions And Correct Answers (Verified Answers) Plus Rationales 2025|2026 Q&A | Instant Download Pdf
1. The primary purpose of a contract is to:
- Create a moral understanding between parties
- Establish legally enforceable obligations
- Define political boundaries
- Simplify verbal communication
Rationale: Contracts create legally binding agreements enforceable
by law, not merely moral or social obligations.
- Which of the following is NOT a valid element of a contract?
- Offer
- Acceptance
- Goodwill
- Consideration 1 / 4
Rationale: Goodwill is not a required element; offer, acceptance, and
consideration are essential.
3. In Ohio, a written contract is required when:
- Any agreement exceeds $500
- The contract cannot be completed within one year
- All contracts with vendors
- Any informal agreement
Rationale: The Statute of Frauds requires written contracts for
agreements not performable within one year.
4. The term “consideration” in contract law refers to:
- A party’s good intentions
- The timing of performance
- Something of value exchanged between parties
- A gift provided voluntarily
Rationale: Consideration is the exchange of value necessary to form
a binding contract.
5. The Ohio Revised Code governs public procurement primarily under:
A. ORC 120
B. ORC 125
C. ORC 150
D. ORC 133
Rationale: Ohio Revised Code Chapter 125 governs state
procurement and contracting. 2 / 4
6. Competitive sealed bidding is preferred when:
- Specifications are clear and price is the main factor
- Negotiation is required
- Service contracts are complex
- Only one supplier is available
Rationale: Sealed bidding is used when clear specifications and
pricing determine award.
7. The “lowest responsive and responsible bidder” means:
- The lowest price offered
- The bidder with the best reputation
- The lowest bidder meeting all specifications and qualifications
- The bidder with prior contracts
Rationale: The award must go to the lowest bidder who meets
specifications and is qualified to perform.
8. A unilateral contract involves:
- A promise in exchange for an act
- A promise in exchange for a promise
- An agreement between two governments
- No legal obligations
Rationale: In a unilateral contract, one party promises something
contingent on another’s performance.
9. A contract becomes voidable when:
- It lacks a signature 3 / 4
- One party entered under duress or fraud
- It has expired
- It is illegal
Rationale: Duress or fraud makes a contract voidable at the option of
the harmed party.
- Which document defines the scope, schedule, and deliverables
- Purchase order
- Statement of Work (SOW)
- Invoice
- Contract addendum
of a contract?
Rationale: The SOW details what is to be performed and delivered.
11. Ethics in public procurement primarily ensures:
- Faster contract processing
- Fairness, transparency, and accountability
- Vendor satisfaction
- Maximized profit
Rationale: Ethical procurement maintains public trust through
fairness and transparency.
- Which of the following is an unethical practice in contracting?
- Full disclosure of conflicts
- Open competition
- Accepting vendor gifts
- / 4