1. CIF Contract
If the property in the goods has not passed to the buyer then his right to sue for any damages to the goods is not completed. ... In addition, because section 18 of the Sale of Goods Ordinance states that goods must be ascertained before property can pass, in the case of individual shares of goods carried in bulk, it would seem that the property passes when the goods are discharged and in some way appropriate to the contract. ... The right for passing of property and risk will be discussed in more details below. ... On the other hand, the buyer bears every risk of damages to the goods fr...
- Word Count: 3723
- Approx Pages: 15
- Has Bibliography
- Grade Level: High School