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[Show more]Contracting Officer Unlimited Warrant 
Board Exam Questions With Verified 
Answers 
What is an option? - answerAn option is a unilateral right in a contract, for a specific period 
of time, where the Government may elect to purchase additional supplies or services called for 
by the contract, or ext...
Preview 4 out of 54 pages
Add to cartContracting Officer Unlimited Warrant 
Board Exam Questions With Verified 
Answers 
What is an option? - answerAn option is a unilateral right in a contract, for a specific period 
of time, where the Government may elect to purchase additional supplies or services called for 
by the contract, or ext...
Contracting Exam Final Questions With 
100% Correct Answers 
The 3-in-1 Tool automates the following form - answerSF 44 
All contract requirements 
over the Simplified Acquisition Threshold (SAT) require - answerAn independent 
government 
estimate 
All purchase requests must meet two requirements -...
Preview 2 out of 13 pages
Add to cartContracting Exam Final Questions With 
100% Correct Answers 
The 3-in-1 Tool automates the following form - answerSF 44 
All contract requirements 
over the Simplified Acquisition Threshold (SAT) require - answerAn independent 
government 
estimate 
All purchase requests must meet two requirements -...
Contracting Exam 3 Questions With 100% 
Correct Answers 
Know the 6 essential elements of a contract: - answer1. Mutual Assent: (Valid Offer & 
Acceptance "Meeting of the Minds"). 
2. Consideration (Each party receives something of value) 
3. Capacity (Competence & Authority) 
4. Lawful Purpose(Ob...
Preview 2 out of 12 pages
Add to cartContracting Exam 3 Questions With 100% 
Correct Answers 
Know the 6 essential elements of a contract: - answer1. Mutual Assent: (Valid Offer & 
Acceptance "Meeting of the Minds"). 
2. Consideration (Each party receives something of value) 
3. Capacity (Competence & Authority) 
4. Lawful Purpose(Ob...
Last Contracting Exam 6 Questions With 
100% Correct Answers 
Essential Contract Elements: - answer-Mutual Assent: (Valid Offer & Acceptance "Meeting 
of the Minds"). 
-Consideration (Each party receives something of value and gives something of value) 
-Capacity (a party must have the capacity to...
Preview 2 out of 10 pages
Add to cartLast Contracting Exam 6 Questions With 
100% Correct Answers 
Essential Contract Elements: - answer-Mutual Assent: (Valid Offer & Acceptance "Meeting 
of the Minds"). 
-Consideration (Each party receives something of value and gives something of value) 
-Capacity (a party must have the capacity to...
Contracting Final Exam Questions With 
100% Correct Answers 
6 essential elements of a contract. - answerMutual Assent 
Consideration 
Capacity 
Lawful Purpose 
Certainty of Terms 
Form Provided by Law 
Mutual Assent - answerat least two people, meetings of the minds 
o Consideration - answerEach pa...
Preview 2 out of 11 pages
Add to cartContracting Final Exam Questions With 
100% Correct Answers 
6 essential elements of a contract. - answerMutual Assent 
Consideration 
Capacity 
Lawful Purpose 
Certainty of Terms 
Form Provided by Law 
Mutual Assent - answerat least two people, meetings of the minds 
o Consideration - answerEach pa...
Contracting Officer Warrant Board 
Questions With Verified Answers 
You are the PCO for a major competitive negotiated source selection. The RFP, which reflects 
the user's requirements and is based on the user's budget, has a requirement for 220 cargo loaders 
to be delivered at 55 per year over ...
Preview 4 out of 43 pages
Add to cartContracting Officer Warrant Board 
Questions With Verified Answers 
You are the PCO for a major competitive negotiated source selection. The RFP, which reflects 
the user's requirements and is based on the user's budget, has a requirement for 220 cargo loaders 
to be delivered at 55 per year over ...
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