(2) A Chinese import and export company concluded a sales contract with a Holland firm on August 5,2000, selling a batch of certain commodity. The contract was based on CIF Rotterdam at US$ 2500 per metric ton and payable under L/C. The Chinese company delivered the goods in compliance with the contract and obtained a clean-on-board Bill of Lading. During transportation, however, 100 metric tons the goods got lost because of rough sea. Upon arrival of the goods, the price of the contracted goods went down quickly. The buyer refused to take delivery of the goods and effect payment and claimed damages from the seller. QUESTION: Do you think the buy's action is reasonable? (3) Why? (7) How will the seller deal with this case