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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.
Register of Directors' Shareholdings: Section 196(1) requires every company to keep a register showing the number, description and amount of any shares or debentures which are
State the policies of convergence Explained here in the simplest case with assumption that there is full representation of voters; information is symmetric and single peaked pr
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Contents of Group Accounts: By s.152(1), the group accounts laid before a company shall give a true and fair view of the state of affairs and profit or loss of the company and
PRESIDENT'S ASSENT: Under section 46(2) of the Constitution a Bill passed through the National Assembly must be presented to the President for his assent. However the Presid
Determine the schemes of Michael Mandelbaum Michael Mandelbaum has offered a two fold scheme, the inside-out and outside-in approach. According to inside-out approach, a natio
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State Article 22 of air and outer space law Article 22 states that all the States should prevent unnecessary delays to aircraft, crews, passengers and cargo, esp
TYPES OF SUBSIDIARY LEGISLATION: However the definition of subsidiary legislation in s.2 of the Interpretation and General Provisions Act reflects the great variety of nomencl
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