Supply Chain Management Professional (SCMP) · Question
Which incoterm places the maximum responsibility on the seller, including delivery to the buyer's premises, cleared for import?
DDP (Delivered Duty Paid) means the seller delivers the goods, cleared for import, to the named place of destination, bearing all costs and risks.
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Question: Which incoterm places the maximum responsibility on the seller, including delivery to the buyer's premises, cleared for import?
Answer options: ✅ DDP (Delivered Duty Paid)
- EXW (Ex Works)
- FOB (Free On Board)
- CIF (Cost, Insurance and Freight)
Correct answer: DDP (Delivered Duty Paid)
Explanation: DDP (Delivered Duty Paid) means the seller delivers the goods, cleared for import, to the named place of destination, bearing all costs and risks.
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