ESTUDYR
FAC-C CERTIFICATION EXAM GOVERNMENT CONTRACTING AND FAR PRINCIPLES
UPDATED EXAM WITH MOST TESTED QUESTIONS AND ANSWERS | GRADED A+
| ASSURED SUCCESS WITH DETAILED RATIONALES
1. Which authority is legally binding in Government contracting and recognized by the
courts?
A. Apparent Authority
B. Actual Authority
C. Implied Authority
D. Delegated Authority
Correct Answer: B
Rationale: Actual authority is granted by law or regulation to a contracting officer and is legally
binding.
2. In DoD contracting, who has the authority to enter into a legally binding contract?
A. Program Manager
B. Contracting Officer Representative (COR)
C. Contracting Officer
D. Acquisition Team Leader
Correct Answer: C
Rationale: Only a Contracting Officer has the legal authority to obligate the Government.
3. True or False: Each authority is NOT delegable unless specifically stated otherwise.
A. True
B. False
Correct Answer: B
Rationale: FAR 1.108(b) states each authority is delegable unless specifically restricted.
4. Which of the following are essential elements of a contract?
A. Capacity, Offer, Acceptance, Signature
B. Capacity, Consideration, Mutual Assent, Lawful Purpose
,ESTUDYR
C. Consideration, Signature, Witness
D. Performance, Capacity, Acceptance
Correct Answer: B
Rationale: These four elements ensure a contract is valid and enforceable.
5. True or False: A contract is defined as a mutually binding legal relationship obligating the
seller to furnish the supplies or services and the buyer to pay for them.
A. False
B. True
Correct Answer: B
Rationale: This is the standard FAR definition of a contract.
6. True or False: Capacity is when each party either makes a promise or begins to render
performance.
A. False
B. True
Correct Answer: A
Rationale: Capacity refers to the ability of each party to understand the terms and consequences
of the contract.
7. Market research can be:
A. Strategic only
B. Tactical only
C. Both Strategic and Tactical
D. Optional
Correct Answer: C
Rationale: Market research can be both strategic (long-term planning) and tactical (short-term
acquisition).
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8. True or False: The extent of market research will vary depending on urgency, estimated
dollar value, complexity, and past experience.
A. True
B. False
Correct Answer: A
Rationale: FAR encourages tailoring research to acquisition specifics.
9. Contracting Officers shall promote and provide for full and open competition unless an
exception applies. True or False?
A. False
B. True
Correct Answer: B
Rationale: FAR 6.101 requires full and open competition whenever possible.
10. Market research is conducted during which phase of acquisition?
A. Pre-award only
B. Award only
C. Post-award only
D. All phases of the acquisition
Correct Answer: D
Rationale: Market research helps inform planning, solicitation, and contract management
decisions.
11. What is the use of a procedure that is inconsistent with the FAR?
A. Deviation
B. Waiver
C. Exception
D. Deviation
Correct Answer: D
Rationale: Deviations require formal approval to use procedures inconsistent with FAR.
FAC-C CERTIFICATION EXAM GOVERNMENT CONTRACTING AND FAR PRINCIPLES
UPDATED EXAM WITH MOST TESTED QUESTIONS AND ANSWERS | GRADED A+
| ASSURED SUCCESS WITH DETAILED RATIONALES
1. Which authority is legally binding in Government contracting and recognized by the
courts?
A. Apparent Authority
B. Actual Authority
C. Implied Authority
D. Delegated Authority
Correct Answer: B
Rationale: Actual authority is granted by law or regulation to a contracting officer and is legally
binding.
2. In DoD contracting, who has the authority to enter into a legally binding contract?
A. Program Manager
B. Contracting Officer Representative (COR)
C. Contracting Officer
D. Acquisition Team Leader
Correct Answer: C
Rationale: Only a Contracting Officer has the legal authority to obligate the Government.
3. True or False: Each authority is NOT delegable unless specifically stated otherwise.
A. True
B. False
Correct Answer: B
Rationale: FAR 1.108(b) states each authority is delegable unless specifically restricted.
4. Which of the following are essential elements of a contract?
A. Capacity, Offer, Acceptance, Signature
B. Capacity, Consideration, Mutual Assent, Lawful Purpose
,ESTUDYR
C. Consideration, Signature, Witness
D. Performance, Capacity, Acceptance
Correct Answer: B
Rationale: These four elements ensure a contract is valid and enforceable.
5. True or False: A contract is defined as a mutually binding legal relationship obligating the
seller to furnish the supplies or services and the buyer to pay for them.
A. False
B. True
Correct Answer: B
Rationale: This is the standard FAR definition of a contract.
6. True or False: Capacity is when each party either makes a promise or begins to render
performance.
A. False
B. True
Correct Answer: A
Rationale: Capacity refers to the ability of each party to understand the terms and consequences
of the contract.
7. Market research can be:
A. Strategic only
B. Tactical only
C. Both Strategic and Tactical
D. Optional
Correct Answer: C
Rationale: Market research can be both strategic (long-term planning) and tactical (short-term
acquisition).
, ESTUDYR
8. True or False: The extent of market research will vary depending on urgency, estimated
dollar value, complexity, and past experience.
A. True
B. False
Correct Answer: A
Rationale: FAR encourages tailoring research to acquisition specifics.
9. Contracting Officers shall promote and provide for full and open competition unless an
exception applies. True or False?
A. False
B. True
Correct Answer: B
Rationale: FAR 6.101 requires full and open competition whenever possible.
10. Market research is conducted during which phase of acquisition?
A. Pre-award only
B. Award only
C. Post-award only
D. All phases of the acquisition
Correct Answer: D
Rationale: Market research helps inform planning, solicitation, and contract management
decisions.
11. What is the use of a procedure that is inconsistent with the FAR?
A. Deviation
B. Waiver
C. Exception
D. Deviation
Correct Answer: D
Rationale: Deviations require formal approval to use procedures inconsistent with FAR.
