MENU
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.
Suggested Answer: A
Get Premium L4M8 Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
40 comments · newest first
MA
Marsha
11 months ago
Really? I thought it was AS, but I guess I need to double-check!
MY
My
11 months ago
I thought CIF included insurance, so it's not that.
LO
Loren
12 months ago
Wait, isn't DAP more about delivery to the destination?
BR
Brandon
12 months ago
Definitely FOB, supplier's got the risk until it's on board.
GI
Gilberto
1 year ago
Sounds like FOB to me!
TA
Tamra
1 year ago
I feel like this is definitely not AS, but I can't quite recall the differences between FOB and DAP clearly.
TE
Teri
1 year ago
I'm leaning towards CIF because it includes insurance and freight costs, but the wording about risks makes me hesitate.
OM
Omega
1 year ago
I remember practicing a question similar to this, and I think DAP could be a contender because it mentions the supplier covering costs until delivery.
DA
Daren
1 year ago
I think it might be FOB since the supplier delivers the goods onto the vessel, but I'm not entirely sure about the risk transfer part.
BL
Blair
1 year ago
This seems like a classic CIF scenario to me. The supplier is responsible for getting the goods on the ship and paying the freight, so CIF is the right Incoterm.
HE
Helga
1 year ago
I'm a bit confused on the differences between these Incoterms. The wording about the supplier covering the costs and risks makes me think it's either CIF or DAP, but I'm not 100% sure which one applies here.
JU
Jules
1 year ago
Hmm, I'm not totally sure about this one. The question mentions the supplier bearing all risks until delivery, which makes me think it could be FOB - Free On Board.
DO
Dorothy
1 year ago
I think this is a CIF - Cost, Insurance and Freight situation since the supplier is responsible for delivering the goods to the vessel and covering the costs.
ME
Merri
1 year ago
Okay, let me think this through. The supplier is delivering the goods directly to the vessel, so that rules out FOB. And they're covering the costs, not just the freight, so I'm going to go with CIF.
DU
Dulce
1 year ago
Okay, let me think this through. IT general controls are the controls that ensure the proper development, implementation, and monitoring of IT systems. I think the best answer here is B. Distribution controls.
FL
Florinda
1 year ago
The part about needing to update and reinstall the SSL certificate sounds tricky. Could it really restart the RDS instance? I'm a bit unsure on that.
AR
Arthur
1 year ago
I'm a bit confused by the wording here. What exactly are "agnostic services" and how do they impact staffing needs? I'll need to review my notes to make sure I understand the key concepts.
FE
Felix
1 year ago
Hmm, I'm a bit unsure about this one. I know there are different types of entities, but I can't quite remember the definitions off the top of my head. I'll have to think it through step-by-step.
KR
Krissy
1 year 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.
NI
Nickole
1 year ago
C) CIF -- Cost Insurance and Freight
ME
Meghann
1 year ago
B) DAP -- Cost and Freight
CA
Carin
1 year ago
C) CIF -- Cost Insurance and Freight
MA
Marva
1 year ago
A) FOB -- Free On Board
GL
Glory
1 year ago
B) DAP -- Cost and Freight
AL
Alex
1 year ago
A) FOB -- Free On Board
VA
Valentin
2 years 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.
DE
Denise
1 year ago
User 3: I agree with Denise, CIF sounds like the right choice
ST
Stephen
1 year ago
User 2: I'm going with C) CIF - Cost Insurance and Freight
NA
Nadine
1 year ago
User 1: I think it's A) FOB - Free On Board
LY
Lynelle
2 years ago
Haha, I bet the person who wrote this question is a shipping nerd who loves to confuse everyone with Incoterms!
MA
Malcom
1 year ago
D) AS -- Free Alongside Ship
CA
Carmelina
1 year ago
C) CIF -- Cost Insurance and Freight
RE
Rene
2 years ago
A) FOB -- Free On Board
AN
Annice
2 years 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.
CH
Charlesetta
2 years 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.
LI
Lili
1 year 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.
LI
Lili
1 year ago
C) CIF -- Cost Insurance and Freight
LO
Louann
2 years ago
I agree with Alyce, the description matches FOB.
AL
Alyce
2 years ago
I think it's A) FOB because the supplier is responsible for delivering the goods onto the vessel.
AN
Antonio
2 years ago
A) FOB -- Free On Board