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.

AFOB -- Free On Board

BDAP -- Cost and Freight

CCIF -- Cost Insurance and Freight

DAS -- Free Alongside Ship

Show Suggested Answer

Suggested Answer: A

by Laurel at Oct 19, 2023, 08:03 AM

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Krissy

1 months ago

As a professional logistics expert, I can say with certainty that the correct answer is C) CIF. The supplier is responsible for the full cost and risk until the goods reach the buyer's destination.

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Nickole

18 hours ago

C) CIF -- Cost Insurance and Freight

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Meghann

2 days ago

B) DAP -- Cost and Freight

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Carin

13 days ago

C) CIF -- Cost Insurance and Freight

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Marva

15 days ago

A) FOB -- Free On Board

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Glory

17 days ago

B) DAP -- Cost and Freight

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Alex

19 days ago

A) FOB -- Free On Board

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Valentin

2 months ago

Ooh, tricky one! I'm going to go with C) CIF - I've used that one before and it sounds like it fits the description.

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Denise

6 days ago

User 3: I agree with Denise, CIF sounds like the right choice

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Stephen

15 days ago

User 2: I'm going with C) CIF - Cost Insurance and Freight

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Nadine

1 months ago

User 1: I think it's A) FOB - Free On Board

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Lynelle

2 months ago

Haha, I bet the person who wrote this question is a shipping nerd who loves to confuse everyone with Incoterms!

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Malcom

1 months ago

D) AS -- Free Alongside Ship

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Carmelina

1 months ago

C) CIF -- Cost Insurance and Freight

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Rene

1 months ago

A) FOB -- Free On Board

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Annice

2 months 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.

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Charlesetta

2 months 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.

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Lili

1 months ago

That makes sense, the supplier is responsible for covering the cost of transportation and insurance until the goods are delivered to the buyer's named destination.

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