CIPS L4M8 Question Answer
What Incoterm applies here?
The goods are considered ‘delivered’ at the point of release from the supplier’s premises or another name place. The supplier is not responsible for loading or transporting the goods and does not have to arrange export clearance – this must be arranged by the buyer. The risk is on the buyer from this point.
a) EXW – Ex Works
b) FCA – Free Career
c) CPT – Carriage Paid To
d) CIP – Carriage and Insurance Paid to
CIPS L4M8 Summary
- Vendor: CIPS
- Product: L4M8
- Update on: Jul 6, 2026
- Questions: 200
