LPC Law Notes International Commercial Law Notes
Icl Incoterms Table Notes
Updated Icl Incoterms Table Notes
International Commercial Law
A collection of the best notes for new University of Law module 'International Commercial Law' the director of Oxbridge Notes (an Oxford law graduate) could find after combing through dozens of LPC samples from outstanding students with the highest results in England and carefully evaluating each on accuracy, formatting, logical structure, spelling/grammar, conciseness and "wow-factor".
In short, these are what we believe to be the strongest set of International Commercial Law notes available...
The following is a more accessible 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 More Burden for Seller
| Main carriage paid by Buyer (less burden for S than C terms) | Main carriage paid by the Seller (more burden for S than F terms) | ||||||
|---|---|---|---|---|---|---|---|
| FCA Free Carrier S’s premises or Carrier’s depot (name of port/city of departure) | FOB Free on Board (Name of the Port of departure) | FAS Free alongside the port of departure (Name of the port departure) | CFR Cost and Freight Port of destination (name the port/city) | CIF Cost, Insure, Freight Port of destination (name the port/city) | CPT Carriage Paid To Place of destination (name the port/city) | CIP Carriage & Insure Paid To Place 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 |
| Transport to ship | Buyer | Seller | Seller | Seller | Seller | Seller | Seller |
| Sea/air carriage (“freight”) | Buyer | Buyer | Buyer | Seller | Seller | Seller | Seller |
| Insurance for sea crossing/flight | Buyer (Optional) | Buyer (Optional) | Buyer (Optional) | Buyer (Optional) | Seller | Buyer (Optional) | Seller |
| Cost of Loading onto ship/plane | Buyer | Seller | Buyer | Seller | Seller | Seller | Seller |
| Cost of unloading from ship/plane | Buyer | Buyer | Buyer | Buyer | Buyer | Seller | Seller |
| Passing of legal delivery and risk | 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 |
| Export Clearance (Only relevant if dealing with a non EU country) | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
| Import Clearance (Only relevant if dealing with a non EU country) | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer | Buyer |
Always advise your client to insure the goods where good are at their risk
Less Burden for Seller More Burden for Seller
| Main carriage paid by Buyer (less burden for S than C terms) | Main carriage paid by the Seller (more burden for S than F terms) | ||||||
|---|---|---|---|---|---|---|---|
| FCA Free Carrier S’s premises or Carrier’s depot (name of port/city of departure) | FOB Free on Board (Name of the Port of departure) | FAS Free alongside the port of departure (Name of the port departure) | CFR Cost and Freight Port of destination (name the port/city) | CIF Cost, Insure, Freight Port of destination (name the port/city) | CPT Carriage Paid To Place of destination (name the port/city) | CIP Carriage & Insure Paid To Place 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 |
| Transport to ship | Buyer | Seller | Seller | Seller | Seller | Seller | Seller |
| Sea/air carriage (“freight”) | Buyer | Buyer | Buyer | Seller | Seller | Seller | Seller |
| Insurance for sea crossing/flight | Buyer (Optional) | Buyer (Optional) | Buyer (Optional) | Buyer (Optional) | Seller | Buyer (Optional) | Seller (obligatory up to destination) |
| Cost of Loading onto ship/plane | Buyer | Seller | Buyer | Seller | Seller | Seller | Seller |
| Cost of unloading from ship/plane | Buyer | Buyer | Buyer | Buyer | Buyer | Seller | Seller |
| Passing of legal delivery and risk | 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 |
| Export Clearance (Only relevant if dealing with a non EU country) | Seller | Seller | Seller | Seller | Seller | Seller | Seller |
| Import ... | |||||||
Buy the full version of these notes or essay plans and more in our International Commercial Law Notes.
Icl Incoterms Table
A collection of the best notes for new University of Law module 'International Commercial Law' the director of Oxbridge Notes (an Oxford law graduate) could find after combing through dozens of LPC samples from outstanding students with the highest results in England and carefully evaluating each on accuracy, formatting, logical structure, spelling/grammar, conciseness and "wow-factor".
In short, these are what we believe to be the strongest set of International Commercial Law notes available...
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