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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...
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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 -...
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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...
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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...
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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...
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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 ...
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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 ...
Contracting_Test_3_Final Exam Questions 
With Verified Answers 
How many provisions and clauses are required in a commercial items contract? - 
answerThere are only two provisions and two clauses that are mandatory for commercial 
items. 
Why provide contract financing? - answer- High dollar product...
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Add to cartContracting_Test_3_Final Exam Questions 
With Verified Answers 
How many provisions and clauses are required in a commercial items contract? - 
answerThere are only two provisions and two clauses that are mandatory for commercial 
items. 
Why provide contract financing? - answer- High dollar product...
L3ABR6C031 Contracting Apprentice Block 
2 Exam Questions With Verified Answers 7A-123.) Which FAR Part dictates how the federal government conducts market research? - 
answerFAR Part 10, Market Research 7A-123.) What is "market research" IAW FAR Subpart 2.101? - answerMarket research is 
"collec...
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Add to cartL3ABR6C031 Contracting Apprentice Block 
2 Exam Questions With Verified Answers 7A-123.) Which FAR Part dictates how the federal government conducts market research? - 
answerFAR Part 10, Market Research 7A-123.) What is "market research" IAW FAR Subpart 2.101? - answerMarket research is 
"collec...
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