Certified Supply Chain Professional (CSCP) Practice Exam

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Prepare for the Certified Supply Chain Professional Exam with a comprehensive quiz featuring multiple choice questions and essential study material. Gain the knowledge and confidence needed to excel in your certification journey!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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Under the FAS shipping term, who is responsible for the goods once they are alongside the ship?

Buyer
Seller
Freight forwarder
Shipping Company

The correct answer is: Buyer

Under the FAS (Free Alongside Ship) shipping term, once the goods are placed alongside the vessel at the port of shipment, the responsibility shifts to the buyer. This means that the seller's obligations are fulfilled once the goods are delivered to the specified location next to the ship. After this point, the buyer assumes all risks and costs associated with the transport of the goods. This term is commonly used in international trade and implies that the buyer will handle loading the goods onto the ship and will be financially responsible for any expenses or risks incurred from that moment forward, including shipping, insurance, and customs clearance. Understanding the nuances of these Incoterms is essential for managing supply chain responsibilities and expectations accurately.