Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Based on Free of Board Contract, please advice Maria with the case below. Maria agreed to sell 1500 bottles of olive oil to Smith, f.o.b.

Based on Free of Board Contract, please advice Maria with the case below.

Maria agreed to sell 1500 bottles of olive oil to Smith, f.o.b. London to Denmark, March shipment. Under the contract, Maria agreed to make the shipping arrangements and Sam, a freight forwarding agent, booked shipping space aboard the 'Polonius' which was due to arrive in March. Unfortunately, the ship did not arrive until 2 April, but the olive oil was then loaded on board and stowed on deck. Unfortunately, the olive oil was lost when it was swept overboard in a storm a few days later. The olive oil was not insured.

Using IRAC format, please advice Maria and provide example of the same cases.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Criminal Law A Contemporary Approach

Authors: Russell Weaver, John Burkoff, Catherine Hancock

4th Edition

1684679028, 978-1684679027

More Books

Students also viewed these Law questions

Question

c. What is the value of the median distance?

Answered: 1 week ago

Question

6.66 Find zo such that P(-zo

Answered: 1 week ago