Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The purpose of this discussion is to illustrate Incoterms in a real-world case study. Read the https://casetext.com/case/st-paul-guardian-ins-co-v-neuromed-med-sys-supportand answer the following questions. If the carrier damaged

The purpose of this discussion is to illustrate Incotermsin a real-world case study. Read the https://casetext.com/case/st-paul-guardian-ins-co-v-neuromed-med-sys-supportand answer the following questions.

  1. If the carrier damaged the MRI, are they responsible? Do they have to pay?
  2. The contract states CIF New York. Does that mean the seller bought Marine Insurance in the buyer's name and the damage will be covered under that policy?
  3. Ultimately, what proved to the court that Neuromed was not liable for damages?
  4. The buyer was lucky. Why?

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

Law Express Consumer And Commercial Law

Authors: Judith Tillson

6th Edition

1292295775, 978-1292295770

More Books

Students also viewed these Law questions