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Exam CSCP topic 1 question 347 discussion

Actual exam question from APICS's CSCP
Question #: 347
Topic #: 1
[All CSCP Questions]

To handle a dispute over damage to goods shipped between two countries, which international standard should be applied?

  • A. United Nations Global Compact
  • B. Incotermsֲ®
  • C. Export Trading Company Act
  • D. Omnibus Foreign Trade and Competitiveness Act
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Suggested Answer: B 🗳️
by piotrusl at Jan. 29, 2022, 10:40 a.m.

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Rajiv8047
1 year ago
Selected Answer: B
Incoterms are a set of internationally recognized rules that define the responsibilities of buyers and sellers in international trade.
upvoted 1 times
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spamgayy
1 year, 6 months ago
Selected Answer: B
B for all the reasons listed StudyWithXeno x GradeGenie 800$ guaranteed pass this exam
upvoted 2 times
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bilal_387
1 year, 8 months ago
option D is regarding the economic espionage
upvoted 1 times
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bilal_387
1 year, 8 months ago
this is wrong answer, incoterm should be correct, as per module 7 page 48 "International Commercial Terms 2020 (Incoterms 2020), outline that the risk of loss or damage to the goods, as well as the obligation to bear the costs relating to the goods, passes from the seller to the buyer"
upvoted 2 times
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TreborB
2 years, 9 months ago
I agree, the Omnibus act deals with unfair tariffs that were placed on US exports by foreign countries. Incoterms is the answer.
upvoted 3 times
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piotrusl
2 years, 10 months ago
Incoterms are defining this responsibility
upvoted 3 times
...

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C (25%)
B (20%)
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