Someone recently bought our

students are currently browsing our notes.

X

Icl Incoterms Table Notes

LPC Law Notes > International Commercial Law Notes

This is an extract of our Icl Incoterms Table document, which we sell as part of our International Commercial Law Notes collection written by the top tier of Cambridge And Oxilp And College Of Law students.

The following is a more accessble plain text extract of the PDF sample above, taken from our International Commercial Law Notes. Due to the challenges of extracting text from PDFs, it will have odd formatting:

Always advise your client to insure the goods where good are at their risk. Less Burden for Seller for Seller

More Burden

Main carriage paid by Buyer (less burden for S than C terms) FCA FOB FAS Free Carrier Free on Board Free S's premises alongside the or Carrier's (Name of the port of depot (name Port of departure of port/city of departure) (Name of the departure) port departure)

CFR Cost and Freight Port of destination (name the port/city)

CIF Cost, Insure, Freight Port of destination (name the port/city)

Modes of Transport for which suitable

Multimodal

Shipping

Shipping

Shipping

Shipping

Multimodal

Multimodal

Point of physical delivery

Seller relinquishes possession of Goods where they are delivered to carrier

The seller relinquishes possession of the Goods on board of the ship

The seller relinquishes possession of the Goods alongside the ship

The seller relinquishes possession of the Goods at the port of destination

The seller relinquishes possession of the Goods at the port of destination

The seller relinquishes possession of the Goods at the place of destination

The seller relinquishes possession of the Goods at the place of destination

Buyer

Seller

Seller

Seller

Seller

Seller

Seller

Buyer

Buyer

Buyer

Seller

Seller

Seller

Seller

Buyer (Optional)

Buyer (Optional)

Buyer (Optional)

Buyer (Optional)

Seller

Buyer (Optional)

Seller

Buyer

Seller

Buyer

Seller

Seller

Seller

Seller

Buyer

Buyer

Buyer

Buyer

Buyer

Seller

Seller

The risk passes to the B on physical delivery where they are delivered to carrier

The risk passes to the buyer on physical delivery on board of the ship

The risk passes to the buyer on physical delivery alongside the ship

The risk passes to the buyer on physical delivery on board of the ship

The risk passes to the buyer on physical delivery on board of the ship

The risk passes to the buyer on physical delivery to the carrier

The risk passes to the buyer on physical delivery to the carrier

Transport to ship Sea/air carriage ("freight") Insurance for sea crossing/flight Cost of Loading onto ship/plane Cost of unloading from ship/plane Passing of legal delivery and risk

Main carriage paid by the Seller (more burden for S than F terms) CPT Carriage Paid To Place of destination (name the port/city)

CIP Carriage &
Insure Paid To Place of destination (name the port/city)

Buy the full version of these notes or essay plans and more in our International Commercial Law Notes.