Supply Chain Management Professional (SCMP) · Question
Which incoterm places the maximum responsibility on the buyer?
EXW (Ex Works) means the seller makes the goods available at their premises, and the buyer bears all costs and risks from that point, making it the maximum buye
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Question: Which incoterm places the maximum responsibility on the buyer?
Answer options: ✅ EXW (Ex Works)
- FOB (Free On Board)
- CIF (Cost, Insurance and Freight)
- DDP (Delivered Duty Paid)
Correct answer: EXW (Ex Works)
Explanation: EXW (Ex Works) means the seller makes the goods available at their premises, and the buyer bears all costs and risks from that point, making it the maximum buyer responsibility.
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