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Yuan Heng Trading Company contracted with a American importer to export 5, 000 pairs of sneakers on CIF New York, time of shipment is
Yuan Heng Trading Company contracted with a American importer to export 5, 000 pairs of sneakers on CIF New York, time of shipment is between July to August.. 2,500 pairs each month, and transshipment is allowed. The exporter loaded 2, 500 pairs of sneakers on board the ship "Sheng Chang" on 30, July, and got bill of lading for July. And loaded the rest of sneaker on board the ship "Fortune" on 12th August, and got bill of lading for August. Both ships transshipped in Hong Kong and both lots of goods are transported to the final destination by "Noble" of Maersk INC. Please analysis: Was it partial shipment? Could the exporter safely get financed?
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
