Transfer of risks involved in transportation The <br>"Convention on Contracts of Sale" stipulates: First, if the seller does not provide for the delivery of the goods at a specific location, the risks will be transferred to the buyer when the goods are delivered to the first carrier in accordance with the contract. Second, if the seller is obliged to deliver the goods to the carrier at a specific location, the risk does not pass to the buyer before delivery to the carrier, and the seller authorizes the retention of the documents that control the disposal of the goods and does not affect the transfer of risk. The trade terms that comply with this regulation are CIF, CPT, CIP, DAP, DDP, that is, the seller must make arrangements to make the goods reach the designated destination.
正在翻译中..