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Premier Global Transportation acts as an agent/broker and shipper. As your agent (or broker, depending on the transaction), Premier Global Transportation will be charged with
- Premier Global Transportation acts as an agent/broker and shipper.
- As your agent (or broker, depending on the transaction), Premier Global Transportation will be charged with evaluating samples, tasting, and quality control, from the point of purchase to the delivery of the coffee beans in the United States.
- Your contract with Premier Global Transportation will cover transportation of green coffee beans from the farms were the coffee beans are grown to the United States, to ports in New York, New Orleans, and San Francisco.
- Please explain the following types of standard contract provisions. In your explanation, please state how the provisions help allocate the risk of loss and risk of price fluctuation between coffee sellers and buyers.
- Risk of Loss - Transfer of Ownership
- FOB
- FAS
- FOT
- CFR/CIF
- Quality Control Samples - Sampling of Coffee to Determine Quality
- SAS-NANS
- SAS-PSS
- SAS-Arrival
- SAS-Replace (SASR)
- Risk of Loss - Transfer of Ownership
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