F.O.B. Contracts - Import and Export Trade

Under an f.o.b. like free on board contract it is the duty of like the seller to put the goods on board a ship to the purpose of their transmission for the buyer. The contract of carriage through sea has to be made through, or on behalf of, like the buyer. Accordingly the cost of putting the goods on board must be borne through the seller, although once the goods cross such the ship's rail they remain on risk of the buyer. Delivery is complete whether the goods are put on board the ship, since the seller like should give notice of the shipment for the buyer so like to enable him for insure; whether the seller fails to do this, such the goods will be at his risk also.

Posted Date: 2/1/2013 6:02:56 AM | Location : United States

Ask an Expert

Related Discussions:- F.o.b. contracts - import and export trade, Assignment Help, Ask Question on F.o.b. contracts - import and export trade, Get Answer, Expert's Help, F.o.b. contracts - import and export trade Discussions

Write discussion on F.o.b. contracts - import and export trade
Your posts are moderated

Write your message here..

Related Questions

Explain the law of the sea convention 1982, Explain the Law of the Sea Conv... Explain the Law of the Sea Convention 1982 The Law of the Sea Convention 1982 did not create a new area of law, as laws governing the sea date back to the dawn of maritime his

Contributions of equity, Contributions of Equity Contributions of Equi... Contributions of Equity Contributions of Equity as: Developed the so called maxims of equity and Provided additional remedies and Provided for the discovery of

Disadvantages of subsidiary legislation, DISADVANTAGES: Whether delega... DISADVANTAGES: Whether delegated or subsidiary legislation has been criticised just to a variety of reasons, the main ones being that it is:as; (a)   Less democratic Whe

Cs 652 - programming problem, Q. CS 652 - Programming problem? Without ... Q. CS 652 - Programming problem? Without using the system() function to call any bash commands, write a python program that will implement a simple version of the diff command.

Describe the kind of organisation, Question: (a) Describe the kind of ... Question: (a) Describe the kind of organisation that you would be willing to work for as a Professional. (b) As a practicing Professional, what body of knowledge, skills

Rules of delivery of goods - sales of good, Rules of Delivery of Goods - Sa... Rules of Delivery of Goods - Sales of Good So the rule regarding with delivery are like; (a)  The goods should be in a deliverable state and one is (b) Otherwise unless l

Differences between registered companies and partnerships, Differences betw... Differences between registered companies and partnerships: The basic differences between registered companies and partnerships are as follows: (a) Formation Registration

Information in agenda setting, Information in Agenda Setting What infor... Information in Agenda Setting What information, how and when reaches to voters to proposal, is also a detrimental factor in policy process. The degree to which information is c

Societies - unincorporated associations, Societies - Unincorporated Associa... Societies - Unincorporated Associations However these types of associations are registered under the Societies Act 1968.  Section 2(1) of the Act justify a society very broa

Business Law and Ethics, A Black Firefighter alleges that each time he is t... A Black Firefighter alleges that each time he is transferred from one fire station to another, he must take his bed with him, on orders of the fire chief. The chief defends on the