Question

In: Operations Management

The Incoterms® Rule by which the exporter provides ultimate customer service to the importer is a....

The Incoterms® Rule by which the exporter provides ultimate customer service to the importer is

a.

Carriage and Insurance Paid To (CIP).

b.

Delivered Duty Paid (DDP).

c.

Delivered At Terminal (DAT).

d.

Delivered At Place (DAP).

Solutions

Expert Solution

A. Carriage and Insurance Paid To (CIP). The Incoterms® Rule by which the exporter provides ultimate customer service to the importer is Carriage and Insurance Paid To. the seller also has to procure insurance against the buyer's risk of loss or damage to the goods during the carriage. This term may be used for any mode of transportation.


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