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NASPO CPPB Prep Exam Preparation Newest 2025/
2026 Complete 100 Questions And Correct Answers
(Verified Answers)|| LATEST EXAM!!||Already Graded
A+||VERIFIED EXAM!!||
Implied authority occurs when?
a) Inferences and reasonable deductions based on
conduct are made.
b) Explicit language grants authority;
c) Codified language is used to delegate responsibility and
authority to a given party;
d) The illusion of authority is allowed - Answer-a)
Inferences and reasonable deductions based on conduct
are made.
Apparent authority occurs when?
a) An individual functions in the capacity that leads others
to believe he/she is an authorized agent of the principle.
b) Explicit language grants authority.
c) A logical extension of expression authority conferred
upon a given party.
d) Codified language delegating responsibility and
authority to a given party. - Answer-a) An individual
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functions in the capacity that leads others to believe
he/she is an authorized agent of the principle.
In 1890, Congress passed this Antitrust Act. It has been
the linchpin of antitrust law. In Section 1 of this Act, it
states: Every contract, combination in the form of trust or
otherwise, or conspiracy, in restraint of trade or commerce
among the several States, or with foreign nations, is
declared to be illegal. Every person who shall make any
contract or engage in any combination or conspiracy
hereby declared to be illegal shall be deemed guilty of a
felony, and, on conviction thereof, shall be punished by
fine not exceeding $100,000,000 if a corp., or, if any
person, $1,000,000, or by imprisonment not exceeding 10
years, or by both said punishments, in the discretion of the
court. Section 2 of this Act, makes interstate monopolies a
felony. This Act is:
a) The Clayton Act
b) The Federal Trade Commission Act
c) The Sherman Act
d) The Robinson-Patman Price Discrimination Act -
Answer-c) The Sherman Act
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The procurement officer has noticed several suspicious
pricing patterns and supplier behaviors, including identical
bids and a lack of bids from some expected bidders for an
open solicitation. On detecting this suspicous activity, the
procurement officer should immediately:
a) alert all suppliers that the solicitation will be canceled
and resolicited
b) alert their superiors and the antitrust lawyers in the
state attorney general's office
c) alert the suppliers in question about potential violations
d) alert the DOJ about potential antitrust violations -
Answer-b) alert their superiors and the antitrust lawyers in
the state attorney general's office
Which of the following procurement laws are not
considered one of the primary sources used in
governmental jurisdictions?
a) Administrative Law
d) Federal Law
c) Common Law
d) Legislative Law - Answer-d) Federal Law
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Socioeconomic goals, such as "set-asides", can come with
a variety of benefits; however, there are also challenges
associated with the use of "set-asides". These challenges
may include which of the following:
a) Lack of supply management training;
b) Reduced open competition;
c) Decreased pricing.
d) Prejudicial attitudes; - Answer-b) Reduced open
competition;
The Federal Trade Commission (FTC) states an
environmental marketing claim should do all of the
following except:
a) Have qualifications and disclosures that are clear
enough to prevent deception.
b) Include a statement that makes the basis of comparison
clear so that the consumer should be able to understand
the claim.
c) Not overstate the environmental attribute or benefit,
expressly or by implication.
d) Include eco-labels issued by an independent third party.
- Answer-d) Include eco-labels issued by an independent
third party.
NASPO CPPB Prep Exam Preparation Newest 2025/
2026 Complete 100 Questions And Correct Answers
(Verified Answers)|| LATEST EXAM!!||Already Graded
A+||VERIFIED EXAM!!||
Implied authority occurs when?
a) Inferences and reasonable deductions based on
conduct are made.
b) Explicit language grants authority;
c) Codified language is used to delegate responsibility and
authority to a given party;
d) The illusion of authority is allowed - Answer-a)
Inferences and reasonable deductions based on conduct
are made.
Apparent authority occurs when?
a) An individual functions in the capacity that leads others
to believe he/she is an authorized agent of the principle.
b) Explicit language grants authority.
c) A logical extension of expression authority conferred
upon a given party.
d) Codified language delegating responsibility and
authority to a given party. - Answer-a) An individual
,2|Page
functions in the capacity that leads others to believe
he/she is an authorized agent of the principle.
In 1890, Congress passed this Antitrust Act. It has been
the linchpin of antitrust law. In Section 1 of this Act, it
states: Every contract, combination in the form of trust or
otherwise, or conspiracy, in restraint of trade or commerce
among the several States, or with foreign nations, is
declared to be illegal. Every person who shall make any
contract or engage in any combination or conspiracy
hereby declared to be illegal shall be deemed guilty of a
felony, and, on conviction thereof, shall be punished by
fine not exceeding $100,000,000 if a corp., or, if any
person, $1,000,000, or by imprisonment not exceeding 10
years, or by both said punishments, in the discretion of the
court. Section 2 of this Act, makes interstate monopolies a
felony. This Act is:
a) The Clayton Act
b) The Federal Trade Commission Act
c) The Sherman Act
d) The Robinson-Patman Price Discrimination Act -
Answer-c) The Sherman Act
,3|Page
The procurement officer has noticed several suspicious
pricing patterns and supplier behaviors, including identical
bids and a lack of bids from some expected bidders for an
open solicitation. On detecting this suspicous activity, the
procurement officer should immediately:
a) alert all suppliers that the solicitation will be canceled
and resolicited
b) alert their superiors and the antitrust lawyers in the
state attorney general's office
c) alert the suppliers in question about potential violations
d) alert the DOJ about potential antitrust violations -
Answer-b) alert their superiors and the antitrust lawyers in
the state attorney general's office
Which of the following procurement laws are not
considered one of the primary sources used in
governmental jurisdictions?
a) Administrative Law
d) Federal Law
c) Common Law
d) Legislative Law - Answer-d) Federal Law
, 4|Page
Socioeconomic goals, such as "set-asides", can come with
a variety of benefits; however, there are also challenges
associated with the use of "set-asides". These challenges
may include which of the following:
a) Lack of supply management training;
b) Reduced open competition;
c) Decreased pricing.
d) Prejudicial attitudes; - Answer-b) Reduced open
competition;
The Federal Trade Commission (FTC) states an
environmental marketing claim should do all of the
following except:
a) Have qualifications and disclosures that are clear
enough to prevent deception.
b) Include a statement that makes the basis of comparison
clear so that the consumer should be able to understand
the claim.
c) Not overstate the environmental attribute or benefit,
expressly or by implication.
d) Include eco-labels issued by an independent third party.
- Answer-d) Include eco-labels issued by an independent
third party.
