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L4M8 – Procurement and Supply in Practice

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Showing 4–6 of 10 questions

Question 4

Which Incoterm applies here?

The supplier is responsible for delivering the goods directly onto the vessel that will transport them to their named destination and must also cover the cost of this. The supplier bears all risks until the goods are delivered to the buyer at their named place.

Select an option, then click Submit answer.

  • ○

    FOB – Free On Board
  • ○

    DAP – Cost and Freight
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    CIF – Cost Insurance and Freight
  • ○

    AS – Free Alongside Ship
Question 5

Which Incoterm applies here?

The supplier is responsible for delivering the goods to the buyer’s premises include arranging any custom clearances that applies, bearing all risk up until this point.

Select an option, then click Submit answer.

  • ○

    DAT – Delivered At Terminal
  • ○

    DAP – Delivered At Place
  • ○

    DDP – Delivery Duty Paid
  • ○

    FAS – Free Alongside Ship
Question 6

What Incoterm applies here?

The supplier is responsible of placing the goods in the hands of a chosen carrier by the buyer, at which point the buyer takes on the risk.

Select an option, then click Submit answer.

  • ○

    EXW – Ex Works
  • ○

    FCA – Free Career
  • ○

    CPT – Carriage Paid To
  • ○

    CIP – Carriage and Insurance Paid to