Answered

Oil Sand Mining Company Inc., Edmonton, Alberta sells 50 tonnes, 60m³ of mining equipment to Columbia on DAP, Calle 25A No 43B Medellin, Columbia, Incoterms®2020 in three 20-ft ocean containers. The terms of payment are open account, net 60 days. Who is responsible for arranging and paying for the container placement at the supplier’s door?
Select one answer.
a.Buyer
b.Seller



Answer :

Answer:

Under Incoterms® 2020, DAP (Delivered at Place) means the seller is responsible for delivering the goods to the named place of destination and bears all risks and costs associated with delivering the goods to that location. This includes arranging and paying for transportation, including the container placement at the supplier’s door.

Therefore, the correct answer is:

b. Seller