Question
Ikiki is based in Stockholm, Sweden. It is negotiating a formal agreement to sell and transport RM100 million of furniture to DSOS based in Penang,
Ikiki is based in Stockholm, Sweden. It is negotiating a formal agreement to sell and transport RM100 million of furniture to DSOS based in Penang, Malaysia.The FOB and CIF terms were considered by Ikiki and DSOS.
Advise Ikiki and DSOS on
(write essay for both , don't mix together)
1) The importance of marine cargo insurance to this agreement - {(40 marks)
2) Who should buy the marine cargo insurance - ( 40 marks )
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Business Law Principles and Practices
Authors: Arnold J. Goldman, William D. Sigismond
9th edition
1133586562, 978-1285632995, 1285632990, 978-1285675367, 978-1133586562
