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CIPS L4M8 Exam - Topic 3 Question 4 Discussion

Actual exam question for CIPS's L4M8 exam
Question #: 4
Topic #: 3
[All L4M8 Questions]

Which Incoterm applies here?

The supplier is responsible for delivering the goods to the buyer's premises include arranging any custom clearances that applies, bearing all risk up until this point.

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Suggested Answer: A

by Salena at Oct 17, 2022, 10:21 AM

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Vicky
4 months ago
I thought it was DAT, but now I'm not so sure!
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Skye
4 months ago
I agree, DDP seems right since they bear all risks.
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Maryann
4 months ago
Wait, are you sure? I thought DAP didn't cover customs.
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Noe
4 months ago
Definitely DDP, they handle customs too.
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Tammi
4 months ago
Sounds like DAP to me!
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Hayley
5 months ago
I feel like I should go with DAP since it mentions the buyer's premises, but I keep second-guessing myself about the customs responsibilities.
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Dahlia
5 months ago
I'm really torn between DAP and DDP. Both seem to fit, but I can't recall the specifics about who handles customs in each case.
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Gilma
5 months ago
I remember practicing a question similar to this, and I think DDP could be the right choice because it includes customs clearance and risk until delivery.
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Adolph
5 months ago
I think the answer might be DAP since it mentions delivering to the buyer's premises, but I'm not entirely sure about the customs part.
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Carin
5 months ago
I'm not sure I fully understand how to use the stockout probability table. I'll need to review the inventory management concepts before attempting this question.
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Lauran
5 months ago
Hmm, I'm a bit stumped on this one. The options don't seem to directly match the wording of the question. I'll have to take a closer look at the IRIS system and its different phases to figure out the right answer. Maybe I'll come back to this one later in the exam.
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Karan
10 months ago
I'm pretty sure the correct answer is B) DAP. The supplier is responsible for the whole delivery process, including customs clearance. Easy peasy!
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Staci
10 months ago
Haha, these Incoterms always get me confused. But based on the description, I'd say the answer is B) DAP. Gotta love those acronyms!
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Aracelis
10 months ago
Hmm, this seems tricky. I'm going to go with C) DDP - Delivery Duty Paid. The supplier is handling the customs clearance, so that points to DDP.
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Pansy
8 months ago
I'm going to go with C) DDP - Delivery Duty Paid. The supplier handling customs clearance is a key factor in determining the Incoterm.
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Mabel
8 months ago
I agree with you, I also think it's A) DAT - Delivered At Terminal. The supplier's responsibility ends at the terminal, so that makes sense.
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Janella
9 months ago
I think it's A) DAT - Delivered At Terminal. The supplier is responsible for delivering the goods to the buyer's premises, which sounds like it ends at the terminal.
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Glenn
10 months ago
I think the answer is B) DAP. The supplier is responsible for delivering the goods to the buyer's premises, which sounds like Delivered At Place.
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Theron
9 months ago
Actually, I believe it's A) DAT, as the supplier is responsible for delivering the goods to a specific terminal.
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Eveline
9 months ago
I think it's C) DDP, because the supplier is responsible for arranging custom clearances and bearing all risk.
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Lonny
9 months ago
I agree, the supplier is responsible for delivering the goods to the buyer's premises, so it must be DAP.
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Marshall
11 months ago
I see your point, Cornell, but I still think the best option is DAT as it specifies delivery at a terminal, which includes custom clearances.
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Cornell
11 months ago
I disagree, I believe the correct answer is DAP because it involves delivery to a specific place, not just the buyer's premises.
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Dwight
11 months ago
I think the answer is DDP because the supplier is responsible for delivering the goods to the buyer's premises and bearing all risk.
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