Financing Operations and Documentation

Most of the payments are upfront and therefore importers need make adequate arrangements for fund sourcing. The importer need to seek financial advice from banks on issues of currency exchange rates to identify a currency with less fluctuation – some Read More …

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Object oriented Technologies  KCA Past Paper

Faculty of Computing and Information Management Object oriented Technologies Examination Question One a) Briefly explain the following concepts in the context of object oriented technologies. Use at one example to illustrate each concepts (6 marks) i) Class ii) Object iii) Read More …

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CFFE – FRAUD PREVENTION AND DETECTION NOTES

MASOMO MSINGI PUBLISHERS APP – Click to download INTRODUCTION Following our continued effort to provide quality study and revision materials at an affordable price for the private students who study on their own, full time and part time students, we Read More …

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UCC Default Provision

If the parties do not stipulate by any means when title shifts, Section 2-401(2) of the UCC provides that ―title passes to the buyer at the time and place at which seller completes his performance with reference to the physical Read More …

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Goods Not to Be Moved

It is not uncommon for contracting parties to sell and buy goods stored in a grain elevator or warehouse without physical movement of the goods. There are two possibilities: 1. Goods with documents of title. A first possibility is that Read More …

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Destination Contracts

In a destination contract, the seller‘s obligation is to see to it that the goods actually arrive at the destination. Here again, the parties may employ the use of abbreviations that indicate the seller‘s duties. See the following from the Read More …

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Shipment Contracts

In a shipment contract, the seller‘s obligation is to send the goods to the buyer, but not to a particular destination. The typical choices are set out in the UCC at Section 2-319: F.O.B. [place of shipment] (the place from Read More …

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