Solved

ABC LtdEnters into a Contract on the Sale of a Filing

Question 18

Essay

ABC Ltd.enters into a contract on the sale of a filing cabinet,which was located in their Halifax warehouse.If the filing cabinet was destroyed while being transported from Halifax to the purchaser's business premises in Moncton,who would bear the loss if the terms of the contract were:
(a)FOB Halifax
(b)COD
(c)CIF Moncton

Correct Answer:

verifed

Verified

(a)FOB (free on board)Halifax means that...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions