CIPS Procurement and Supply in Practice L4M8 Question # 41 Topic 5 Discussion

CIPS Procurement and Supply in Practice L4M8 Question # 41 Topic 5 Discussion

L4M8 Exam Topic 5 Question 41 Discussion:
Question #: 41
Topic #: 5

Which Incoterm applies here?

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


A.

FOB – Free On Board


B.

DAP – Cost and Freight


C.

CIF – Cost Insurance and Freight


D.

FAS – Free Alongside Ship


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