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L4M8 – Procurement and Supply in Practice

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Showing 7–9 of 10 questions

Question 7

The supplier is responsible for delivering the goods to a named port or destination (such as an air-port or warehouse), as well as unloading them from the terminal from this point, risk passes to the buyer.

Select an option, then click Submit answer.

  • ○

    DAT – Delivered At Terminal
  • ○

    DAP – Delivered At Place
  • ○

    DP – Delivery Duty Paid
  • ○

    FAS – Free Alongside Ship
Question 8

What Incoterm applies here?

The goods are considered ‘delivered’ at the point of release from the supplier’s premises or another name place. The supplier is not responsible for loading or transporting the goods and does not have to arrange export clearance – this must be arranged by the buyer. The risk is on the buyer from this point.

a) EXW – Ex Works

b) FCA – Free Career

c) CPT – Carriage Paid To

d) CIP – Carriage and Insurance Paid to

Select an option, then click Submit answer.

  • ○

    EXW – Ex Works
  • ○

    FCA – Free Career
  • ○

    CPT – Carriage Paid To
  • ○

    CIP – Carriage and Insurance Paid to
Question 9

What Incoterm applies here?

The supplier is responsible for delivering the goods to a carrier or to an intermediate agreed place. From this point, the buyer is responsible for ensuring these goods reach their named destination.

Select an option, then click Submit answer.

  • ○

    EXW – Ex Works
  • ○

    FCA – Free Career
  • ○

    CPT – Carriage Paid To
  • ○

    CIP – Carriage and Insurance Paid to