Supply Chain Management Professional (SCMP) · Question
Which incoterm places the maximum responsibility and cost on the seller up to the point of delivery at the buyer's destination?
DDP (Delivered Duty Paid) means the seller is responsible for delivering the goods to the named place in the country of the buyer, and pays all costs and bears
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Question: Which incoterm places the maximum responsibility and cost on the seller up to the point of delivery at the buyer's destination?
Answer options: ✅ DDP (Delivered Duty Paid)
- FOB (Free On Board)
- EXW (Ex Works)
- CIF (Cost, Insurance and Freight)
Correct answer: DDP (Delivered Duty Paid)
Explanation: DDP (Delivered Duty Paid) means the seller is responsible for delivering the goods to the named place in the country of the buyer, and pays all costs and bears all risks, including duties and taxes.
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