Certified Professional Public Buyer (CPPB) Practice Test

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What is concealed loss in the context of shipping and delivery?

Loss that is visible at the time of delivery
Loss discovered after opening containers
Loss that occurs during transit only
Loss that is reported immediately

The correct answer is: Loss discovered after opening containers

Concealed loss refers to items that are missing or damaged but only become apparent after the recipient has had the chance to inspect or open the shipping containers. In the context of shipping and delivery, this type of loss is not visible at the time of delivery because it may be hidden within packaging or containers that make it impossible to ascertain the condition of the items until they are unpacked. This understanding is critical in logistics and shipping agreements, as it influences claim processes and responsibilities of parties involved. Recognizing concealed loss helps in building proper procedures for inspections and filing claims with carriers or suppliers, ensuring that the parties are aware of the extent of the risk and the potential for such losses to occur, which could impact inventory management and overall supply chain effectiveness. Hence, ensuring thorough checks after delivery is key to identifying concealed losses that might otherwise lead to unresolved disputes or financial losses.