Captain Ishmael has the misfortune of shipping porcelain vases and sandstone statues for two different English buyers
Question:
Captain Ishmael has the misfortune of shipping porcelain vases and sandstone statues for two different English buyers across the Malacca Straits on the Hispaniola. He packs the two commodities compactly in crates and secures a carriage-of-goods contract contained in a bill of lading (that does not contain a force majeure piracy clause). Given the danger involved, Ishmael employs Starbuck to keep a lookout for pirates but the latter falls asleep and fails to stop pirates from boarding the ship and stealing all of the cargo. The two buyers sue the Hispaniola and Starbuck separately for the value of the respective commodities that were being shipped. Discuss their liability.
Step by Step Answer:
International Business Law Text Cases And Readings
ISBN: 9780273768616
6th International Edition
Authors: Ray A. August, Don Mayer, Michael Bixby