State the CAP theorem, and say what it does not mean.
When the network partitions, you must choose between consistency and availability — either refuse requests you cannot serve correctly, or serve them and accept divergence. What it does not mean is "pick two of three": partitions are not something you opt out of, they are something the network does to you. Outside a partition you can have both C and A, and the interesting trade-off there is consistency against latency.
PACELC is the sentence that completes it: else — in the normal case — you are trading latency against consistency, and that is the trade you live with every day.