Certified Professional Contract Manager (CPCM) Practice Exam 2026 - Free CPCM Practice Questions and Study Guide

The term that best describes a contract party who is accepting goods or services is "Buyer." In a contractual context, the Buyer is typically the entity or individual that agrees to purchase goods or services from another party. This role involves not only the acceptance of these goods or services but also the associated responsibilities, such as payment and compliance with the terms laid out in the contract.

While the other terms—Recipient, Provider, and Supplier—can relate to different aspects of contractual relationships, they do not specifically capture the essence of a party that is actively acquiring goods or services. A Recipient might imply someone who receives goods or services but doesn't necessarily engage in a purchase. A Provider is usually the party offering the goods or services, and Supplier often refers to an entity that supplies the goods but may not be directly involved in the act of purchasing. Thus, "Buyer" accurately encompasses the role of accepting goods or services in the context of a contract.