NASPO CPPB Exam Preparation Latest
2025/2026 Complete 100 Questions And Correct
Answers with explanation [Verified Answers]|Already
Graded A+
DAT - Delivered at Terminal=answer=means that the seller
delivers when the goods, once unloaded from the arriving
means of transport, are placed at the disposal of the buyer
at a named terminal at the named port or place of
destination. includes a place, whether covered or not,
such as a quay, warehouse, container yard or road, rail or
air cargo terminal. The seller bears all risks involved in
bringing the goods to and unloading them at the terminal
at the named port or place of destination.
,DDP - Delivered Duty Paid=answer=means that the seller
delivers the goods when the goods are placed at the
disposal of the buyer, cleared for import on the arriving
means of transport ready for unloading at the named place
of destination. The seller bears all the costs and risks
involved in bringing the goods to the place of destination
and has an obligation to clear the goods not only for
export but also for import, to pay any duty for both export
and import and to carry out all customs formalities.
design specification=answer=a type of specification that
establishes the characteristics an item must possess,
including details indicating how it is to be manufactured.
May include engineering plans or drawings, and
, blueprints. It states to the contractor in prescriptive terms
what the contractor must provide to the buyer
embargo=answer=an official ban on trade or other
commercial activity with a particular country. A
procurement of goods is being contemplated for which
there are international sources. The value of the goods far
exceeds the dollar thresholds of the World Trade
Organization Agreement on Government Procurement. If
the contract doesn't validly specify a choice of governing
law, what "sale of goods" law should apply to this
procurement of goods?=answer=The U.N. Convention on
Contracts for the International Sale of Goods ("CISG")
should apply
2025/2026 Complete 100 Questions And Correct
Answers with explanation [Verified Answers]|Already
Graded A+
DAT - Delivered at Terminal=answer=means that the seller
delivers when the goods, once unloaded from the arriving
means of transport, are placed at the disposal of the buyer
at a named terminal at the named port or place of
destination. includes a place, whether covered or not,
such as a quay, warehouse, container yard or road, rail or
air cargo terminal. The seller bears all risks involved in
bringing the goods to and unloading them at the terminal
at the named port or place of destination.
,DDP - Delivered Duty Paid=answer=means that the seller
delivers the goods when the goods are placed at the
disposal of the buyer, cleared for import on the arriving
means of transport ready for unloading at the named place
of destination. The seller bears all the costs and risks
involved in bringing the goods to the place of destination
and has an obligation to clear the goods not only for
export but also for import, to pay any duty for both export
and import and to carry out all customs formalities.
design specification=answer=a type of specification that
establishes the characteristics an item must possess,
including details indicating how it is to be manufactured.
May include engineering plans or drawings, and
, blueprints. It states to the contractor in prescriptive terms
what the contractor must provide to the buyer
embargo=answer=an official ban on trade or other
commercial activity with a particular country. A
procurement of goods is being contemplated for which
there are international sources. The value of the goods far
exceeds the dollar thresholds of the World Trade
Organization Agreement on Government Procurement. If
the contract doesn't validly specify a choice of governing
law, what "sale of goods" law should apply to this
procurement of goods?=answer=The U.N. Convention on
Contracts for the International Sale of Goods ("CISG")
should apply
