NCMA CCCM Practice Questions - NCMA Certified Commercial Contract Manager Exam - NCMA CCCM Practice Questions - NCMA Certified Commercial Contract Manager Exam

Question 1

Under UCC Article 1, which idea best states the general obligation of good faith?

A party may use any strategy that is not expressly prohibited by the contract A party must act with honesty in fact and observe reasonable commercial standards of fair dealing A party must always accept a commercially reasonable settlement offer A party must put the other party's economic interests ahead of its own

Correct Answer:

A party must act with honesty in fact and observe reasonable commercial standards of fair dealing

Question 2

A buyer and seller have a written UCC contract but have not addressed an issue. Which source may supplement the UCC unless displaced by a specific UCC provision?

Only federal procurement regulations Only the seller's standard terms Principles of law and equity, such as agency, estoppel, fraud, and mistake Only the most recent invoice sent by either party

Correct Answer:

Principles of law and equity, such as agency, estoppel, fraud, and mistake

Question 3

What is the main function of course of performance, course of dealing, and usage of trade under Article 1?

They help interpret and supplement the parties' agreement They automatically override every express written term They convert every commercial contract into a requirements contract They apply only to consumer leases

Correct Answer:

They help interpret and supplement the parties' agreement

Question 4

Two manufacturers repeatedly perform under a supply agreement by accepting delivery on the first Monday after each month-end, although the contract says delivery is due 'monthly.' In a later dispute, that repeated conduct is best described as:

Course of dealing Course of performance Usage of trade A firm offer

Correct Answer:

Course of performance

Question 5

A contract clause says, 'Seller disclaims all obligations of good faith under the UCC.' Under Article 1, how should that clause be treated?

It is enforceable if both parties are merchants It is enforceable only if printed in bold type It is ineffective because the duty of good faith may not be disclaimed It converts the agreement into a common-law contract outside the UCC

Correct Answer:

It is ineffective because the duty of good faith may not be disclaimed

Exam overview

About this Exam

Prepare with the NCMA CCCM Practice Questions - NCMA Certified Commercial Contract Manager Exam practice quiz. This question bank includes 100 questions covering article, lease, buyer, contract, and goods. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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NCMA CCCM Practice Questions - NCMA Certified Commercial Contract Manager Exam

This practice set contains 100 questions from the matching question bank and focuses on article, lease, buyer, contract, and goods. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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NCMA CCCM Practice Questions - NCMA Certified Commercial Contract Manager Exam

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