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Rex Bullerton founder of Bullerton Fruit Ltd (BFL), is a successful developer of different plant varieties. BFL has developed a red-tinted kiwifruit that has a
Rex Bullerton¸ founder of Bullerton Fruit Ltd (BFL), is a successful developer of different plant varieties. BFL has developed a red-tinted kiwifruit that has a distinct strawberry flavour and has been trade marked as 'KiwiBerry'. Market research indicates that the KiwiBerry is likely to fetch five times the price of usual kiwifruit in the Asian market. The fruit is delicate and must be kept chilled during transportation. You are an export advisor engaged by BFL to provide advice on a potential arrangement with Ginza Groceries Corporation (GGC) to import KiwiBerry to Japan. Required: Identify five considerations BFL should take into account when it enters into an arrangement with GGC and explain how these considerations may be managed by concluding a CISG-compliant contract. Please refer to New Zealand law for detailed answers. If New Zealand does not, refer to Law of International business in Australia.
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