Introduction C.I.F. stands for "Cost Insurance and Freight" In fact; this contract imposes a variety of duties to the seller. In general this contract is known as a contract for sale and shipment of goods to the agreed destination. As far as the payment is regarded, it must be made against the production of the appropriate documents according to the contract. So, in case of CIF contract the seller undertakes more obligation than …
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…Terms 1990: Online Available: http://A:Inco Terms 1990.htm The Julia. Online Available: http://www.swan.ac.uk/law/staff/pntodd/cases/cases_j/julia.htm Transfer of Risk in the Contract of Sale involving Carriage of Goods: Online Available: file://Aflambouras.htm Tregelles v. Sewell. Online Available: http://www.swan.ac.uk/law/staff/pntodd/cases/cases_t/tregelle.htm Uniform Commercial Code: Online Available: http://www.law.upenn.edu/bll/ulc/ucc2/textm96.htm