This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: happen along the way.- No arrival, no sale : This means that there is no contract unless the merchandise arrives to the buyer. The seller may have to compensate the buyer if the merchandise arrives damage. This can ultimately protect both parties but it is still good to have if the product does not arrive and the seller is at fault. I would also include, Cost and Freight and Cost, Insurance and Freight. This holds the seller accountable for arranging and paying for delivery to the port of shipment and seafreight to the port of destination, you are also responsible for arranging and paying for insurance covering the buyer's risks during movement of the goods. UNIT 7 ESSAY QUESTION Works Cited: Business Law I, 14th Edition, Mallor, Barnes, Bowers, Langvardt; Chapt. 19 Pgs.493,494,495. http://www.businesslink.gov.uk/bdotg/action/detail?itemId=1077994581&amp;type=RESOURCES...
View Full Document
This note was uploaded on 04/10/2011 for the course BUS L 1 taught by Professor Smith during the Fall '11 term at Post.
- Fall '11