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Ex-Ship Contracts - Import and Export Trade
Therefore whether goods are sold ex ship, such the duties of the seller are-like;
(i) To deliver the goods to the buyer from such a ship that has arrived on port of delivery on place from that it is usual for goods about that kind to be delivered. So like one is(ii)To pay the freight or if not release such shipowner's lien. (iii)To furnish the buyer along with delivery order, may or some other effectual direction for the ship to deliver.
Effect of Ultra Vires Transaction: An ultra vires transaction with a company may result in: a) a transfer of specific property to the company, or b) money being lent to
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