Supply Chain Management Professional (SCMP) · Question
Which incoterm places the maximum responsibility and risk on the seller, including delivery to the buyer's premises?
DDP (Delivered Duty Paid) means the seller delivers the goods, cleared for import, and unloaded at the named place of destination, assuming all risks and costs.
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Question: Which incoterm places the maximum responsibility and risk on the seller, including delivery to the buyer's premises?
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 delivers the goods, cleared for import, and unloaded at the named place of destination, assuming all risks and costs.
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