Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

CIPS Exam L4M8 Topic 2 Question 23 Discussion

Actual exam question for CIPS's L4M8 exam
Question #: 23
Topic #: 2
[All L4M8 Questions]

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.

Show Suggested Answer Hide Answer
Suggested Answer: A

Contribute your Thoughts:

Lynelle
4 days ago
Haha, I bet the person who wrote this question is a shipping nerd who loves to confuse everyone with Incoterms!
upvoted 0 times
...
Annice
7 days ago
I'm not sure about this one. The question mentions the supplier delivering the goods directly onto the vessel, which makes me think it could be B) DAP - Delivered At Place.
upvoted 0 times
...
Charlesetta
9 days ago
The answer is clearly C) CIF - Cost Insurance and Freight. The supplier is responsible for covering the cost of transportation and insurance until the goods are delivered to the buyer's named destination.
upvoted 0 times
...
Louann
23 days ago
I agree with Alyce, the description matches FOB.
upvoted 0 times
...
Alyce
24 days ago
I think it's A) FOB because the supplier is responsible for delivering the goods onto the vessel.
upvoted 0 times
...
Antonio
25 days ago
A) FOB -- Free On Board
upvoted 0 times
...

Save Cancel
az-700  pass4success  az-104  200-301  200-201  cissp  350-401  350-201  350-501  350-601  350-801  350-901  az-720  az-305  pl-300  

Warning: Cannot modify header information - headers already sent by (output started at /pass.php:70) in /pass.php on line 77