AND CORRECTLY WELL DEFINED ANSWR 100%S LATEST
ALREADY GRADED A+ 2025 – 2026 update2026.
The same concepts of good purchasing practices apply to both the public and private sector
purchasing agencies as both have similar goals and intended outcomes.T/F - ANSWR 100%-
TRUE
The current move towards longer-term relationships with suppliers may be perceived as a
reduction in competition.T/F - ANSWR 100%-TRUE
The Uniform Commercial Code (UCC) governs contracts for goods and services.T/F -
ANSWR 100%FALSE; GOODS, not services
The American legal system looks to statutory law, common law and administrative law for
guidance. T/F - ANSWR 100%-TRUE
Antitrust laws help to prevent bid rigging. - ANSWR 100%-TRUE
Public procurement professionals only need to know about state law and are not governed by
federal laws. T/F - ANSWR 100%-FALSE
Tort law is criminal law and is applicable to all precontract proceedings. T/F - ANSWR 100%-
FALSE
, An agent is the primary person who has authority to assign authority for another. T/F -
ANSWR 100%-FALSE
Public purchasing professionals should not advocate changes to legislative laws, because this is
thought to be a conflict of interest. T/F - ANSWR 100%-FALSE
The Uniform Commercial Code (UCC) covers the sale of goods. T/F - ANSWR 100%-TRUE
The Model Procurement Code covers warranties. T/F - ANSWR 100%-FALSE
If a buyer accepts the goods, they no longer have the right to reject them. T/F - ANSWR
100%TRUE
Mutuality of Obligation and Consideration are two elements of a contract that are related. T/F -
ANSWR 100%-TRUE
Some contracts related to particular activities may be highly regulated by state and/or federal
law. T/F - ANSWR 100%-TRUE
A bid submitted to a solicitation must be considered as an offer. T/F - ANSWR 100%-TRUE
Legal terms should not be used with any solicitation document. T/F - ANSWR 100%-FALSE
Specifications will become a part of the contract and need to be written with legal
consideration. T/F - ANSWR 100%-TRUE