Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
1Activity
0 of .
Results for:
No results containing your search query
P. 1
21 Slide

21 Slide

Ratings: (0)|Views: 83|Likes:
Published by mohdsolahuddin

More info:

Published by: mohdsolahuddin on Jun 30, 2009
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PPT, PDF, TXT or read online from Scribd
See more
See less

06/29/2009

pdf

text

original

 
21-1
Identifying Transportation Risks
Risks associated with transportation depend onseveral factors.
These include the issue of title ownership of theproperty while in transit and the responsibility of the carrier for damage to goods in its custody.
 
21-2
Parties Exposed to Loss
Damage to property in the course of transportationmay be a source of loss to two interests:
The owner of the goods, and
The person or organization to whom the goodshave been entrusted for transportation.
 
21-3
Terms of Sale and Risk of Loss
The risk of loss to goods being shipped may restwith the buyer or the seller, depending on theterms of the sale.
When goods are shipped "F.O.B. Point of Origin,"title passes to the buyer when the goods areloaded on the conveyance.
Goods shipped "F.O.B. Destination," on the other hand, remain the property of the seller until theyarrive at their destination.

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->