THE MAİN DİFFERENCES BETWEEN CIF AND FOB CONTRACTS UNDER ENGLİSH LAW CIF contract is that when the seller has delivered the goods or provides them afloat. He has to perform the contract by tendering conforming documents to the buyer. The significant feature of a CIF contract is that performance of bargain is to be fulfilled by delivery of documents and not by actual physical delivery of goods by the seller. 1 2 FOB contract can be described as a flexible instrument. Because‚ the buyer has
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... 4 EXHIBIT 5 – SCENARIO 4: PURCHASING A DIESEL-POWERED BOAT .......................................... 5 EXHIBIT 6 – SCENARIO 5: LEASE A DIESEL-POWERED BOAT ....................................................... 5 Executive Summary Economy Shipping Company (ESC) was engaged mainly in the transportation industry and owned steam-powered boats. The company was considering whether to repair one of its’ steam boats or replacing it with a new diesel-powered vessel. After evaluating the different
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Question 1 (5 points) 1. Which of the following may lead to vertical integration? a) Technological interdependencies b) Reduced search and bargaining cost c) The hold-up problem d) All of the above Question 2 (5 points) Effective collusion generally is more difficult when a) the number of oligopolistic firms involved decreases b) the number of oligopolistic firms involved increases c) when customer orders are small‚ frequent‚ and received on a regular basis as compared
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Economy Shipping Company It is recommended that Economy Shipping Company (ESC) replace the steamboat‚ Cynthia‚ with a new diesel powered boat. The analysis assumed no operating cost in 1950. Although ESC was presumably still in service during this analysis‚ the costs associated with the project evaluation were not accounted for until 1951. It was also implicit in the NPV calculations that any upgrade required subsequent to 1950 could be performed without any interruption to the daily
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Quality Management Issues of Shipping and Receiving GM588 Managing Quality‚ Michelle Gardner October 16‚ 2011 Introduction Professional Flooring Supply (PFS) is a wholesale distributor of flooring installation supplies and sundries. PFS currently has 15 branches located in Texas‚ Louisiana‚ Arkansas‚ Oklahoma‚ Colorado‚ Utah and Idaho. Each of these locations serves as a distribution point for resale customers as well as a retail store front for flooring installers. PFS was founded in 1977
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The Shipping News Jack Buggit & Quoyle In the novel‚ The Shipping News by Annie Proulx‚ several characters contribute to Quoyle’s transformation. Early on Partridge gives Quoyle a friendship figure during his toughest times‚ but he abruptly leaves and their friendship is reduced to the odd phone-call or letter (he does however get Quoyle the job which was crucial). His aunt Agnis Hamm gives him the push he needs to start his new life but she comes into his life only because of his fathers
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Alex Wyllie Dr. Bassett IB English HL October 4 2008 The Pricking Thorns of Misplaced Love In Annie Proulx’s The Shipping News the main character Quoyle is constantly plagued by the ill placed love and vision of his wretched late wife. Quoyle is introduced and characterized as a lame excuse for a man who “survives” through parts of his life (Proulx 1). From the beginning of his life both his father and brother view him as a “failure” (Proulx 2). These two being the only two family
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CANADIAN SHIPPING RATES : CANADA POST LETTERMAIL : This service starts at $2.99 per item. Larger items may not have this option available. This service usually takes 1-14 business days to arrive based on your location. We ship out of Toronto‚ Ontario. This option does not offer tracking. The parcel is insured in case of loss for maximum of $20.00. CANADA POST EXPEDITED : This service varies on province and size of item. Larger items may not have this option available. This service usually takes
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2004 LORENZO SHIPPING CORP.‚ petitioner‚ vs. CHUBB and SONS‚ Inc.‚ GEARBULK‚ Ltd. and PHILIPPINE TRANSMARINE CARRIERS‚ INC.‚ respondents. D E C I S I O N PUNO‚ J.: On appeal is the Court of Appeals’ August 14‚ 2000 Decision1 in CA-G.R. CV No. 61334 and March 28‚ 2001 Resolution2 affirming the March 19‚ 1998 Decision3 of the Regional Trial Court of Manila which found petitioner liable to pay respondent Chubb and Sons‚ Inc. attorney’s fees and costs of suit. Petitioner Lorenzo Shipping Corporation
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Assessment 3 Buyer: The Theatre of Wine‚ in Greenwich‚ London‚ United Kingdom Shipowners/Shippers: Carry Carefully‚ South Africa The copy of B/L is attached. A. 1. for the carriage of a consignment of wine from South Africa (which has incorporated the Hague-Visby Rules‚ under its own Carriage of Goods by Sea Act 1986) to London (the UK). 2. The wine was shipped and the master issued a clean straight bill for the goods‚ which contained a "no liability for loss or damage caused
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