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
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

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.

Show Suggested Answer Hide Answer
Suggested Answer: A

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

Limited Time Offer

25%

Off

Get Premium L4M8 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Vicky
7 months ago
I thought it was DAT, but now I'm not so sure!
upvoted 0 times
...
Skye
7 months ago
I agree, DDP seems right since they bear all risks.
upvoted 0 times
...
Maryann
7 months ago
Wait, are you sure? I thought DAP didn't cover customs.
upvoted 0 times
...
Noe
7 months ago
Definitely DDP, they handle customs too.
upvoted 0 times
...
Tammi
7 months ago
Sounds like DAP to me!
upvoted 0 times
...
Hayley
8 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.
upvoted 0 times
...
Dahlia
8 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.
upvoted 0 times
...
Gilma
8 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.
upvoted 0 times
...
Adolph
8 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.
upvoted 0 times
...
Carin
8 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.
upvoted 0 times
...
Lauran
8 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.
upvoted 0 times
...
Karan
1 year 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!
upvoted 0 times
...
Staci
1 year 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!
upvoted 0 times
...
Aracelis
1 year 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.
upvoted 0 times
Pansy
11 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.
upvoted 0 times
...
Mabel
11 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.
upvoted 0 times
...
Janella
12 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.
upvoted 0 times
...
...
Glenn
1 year 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.
upvoted 0 times
Theron
12 months ago
Actually, I believe it's A) DAT, as the supplier is responsible for delivering the goods to a specific terminal.
upvoted 0 times
...
Eveline
12 months ago
I think it's C) DDP, because the supplier is responsible for arranging custom clearances and bearing all risk.
upvoted 0 times
...
Lonny
12 months ago
I agree, the supplier is responsible for delivering the goods to the buyer's premises, so it must be DAP.
upvoted 0 times
...
...
Marshall
1 year 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.
upvoted 0 times
...
Cornell
1 year ago
I disagree, I believe the correct answer is DAP because it involves delivery to a specific place, not just the buyer's premises.
upvoted 0 times
...
Dwight
1 year 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.
upvoted 0 times
...

Save Cancel