Under Incoterms,a sale on terms "DDP" represents the maximum responsibility of the seller and the maximum responsibility of the buyer.

Question

Quizplus · Accepted Answer

DDP (Delivered Duty Paid) is a term that places the maximum responsibility on the seller, as they are responsible for delivering the goods to the buyer's premises and paying for all costs involved in the delivery process, including customs duties and taxes. The buyer's responsibility is simply to receive the goods at the agreed destination. Therefore, option A is the correct answer.

Under Incoterms,a Sale on Terms "DDP" Represents the Maximum Responsibility