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Assignment Instructions - Here is the fact pattern want you to base your answer on:
Answer this Question: (minimum 200 words; any format)
What terms (words) would you insist be included in the Sales Contract so you would not bear the Risk of Loss?
Explain in detail why you use specific words and terms (i.e. compare and contrast).
Textbook - Essentials of Business Law, Ninth Edition by Anthony L. Liuzzo.
The introductory paragraph gives reference to the source of the topic by indicating the title, author and publication date, provides a brief and concise summary of the topic and has a specific thesis statement which reflects the writer's reaction and builds an expectation in the reader. Body of the essay has a well-written topic sentences and is well-supported with effective citations and clear, mature, and original ideas and refers to the original source whenever necessary. The concluding paragraph rephrases main points and ends with an original and meaningful concluding comment.
Organization: All ideas are relevant to each other and to the thesis statement. Sentences and paragraphs are logically ordered and smoothly connected to one-another with a variety of appropriate linking devices and reference words, and/or repetition of key words. Grammar & Mechanics: Sentence forms are accurate. Word choice is accurate and varied. Punctuation, capitalization, spelling, paragraphing, spacing, indentation, and margining are proper. The ideas have been properly cited with a variety of citation techniques (quotation/ summary/ paraphrase). In-text and end-text references are complete and in the right format.
Using a product of your choice as well as an importer and an exporter of your choice, determine what would be the ideal Incoterm for a transaction.
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