Incoterms 2020 Bangla Quiz
Test your knowledge on the Incoterms 2020 and their implications for buyer and seller responsibilities!
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Quiz Questions & Answers
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Question 1: Which Incoterm indicates that the seller's responsibility ends at their premises?
FCA
EXW
CPT
FOB
Question 2: At what point does the buyer assume risk under the FOB Incoterm?
At the seller's premises
Once the goods are loaded onto the ship
At the destination port
Before the goods are shipped
Question 3: What does the CIF Incoterm include that CFR does not?
Insurance
Customs duties
Delivery at destination
Unloading
Question 4: Which Incoterm places the greatest responsibility on the seller?
DDP
DAP
EXW
FCA
Question 5: In which Incoterm does the seller deliver the goods unloaded at the destination?
CIP
DPU
CFR
FOB
Question 6: When does the buyer's risk begin under the CPT Incoterm?
At the seller's warehouse
After the goods are handed over to the carrier
At the point of delivery
At the destination port
Question 7: Which Incoterm requires the seller to pay for both freight and insurance until the destination port?
CPT
CIF
DAP
DDP
Question 8: What is the primary characteristic of the EXW Incoterm?
Seller assumes most responsibilities
Buyer assumes all responsibilities
Includes insurance
Seller handles customs