Day: March 25, 2022

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 …

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 …

UNIVERSITY EXAMINATIONS: 2018/2019 EXAMINATION FOR THE DEGREES OF MASTER OF SCIENCE IN INFORMATION SYSTEMS MANAGEMENT/ DATA ANALYTICS MISM5303 MDA5303 SYSTEM DYNAMICS MODELLING ORDINARY EXAMINATIONS DATE: DECEMBER, 2018 TIME: 2 HOURS INSTRUCTIONS: Answer Question One & ANY OTHER TWO questions. QUESTION Read More …

Foreseeing the transfer of risk is a key aspect of preparing the contract. By using INCOTERMS, the risk of loss and damage can be shifted in different ways between the supplier and the buyer. It is up to the parties Read More …

UNIVERSITY EXAMINATIONS: 2018/2019 EXAMINATION FOR THE DEGREES OF MASTER OF SCIENCE IN INFORMATION SYSTEMS MANAGEMENT MISM5302, MDA5304 DATA MINING AND WAREHOUSING ORDINARY EXAMINATIONS DATE: DECEMBER, 2018 TIME: 2 HOURS INSTRUCTIONS: Answer Question One & ANY OTHER TWO questions. QUESTION ONE Read More …

Incoterms- which is an abbreviation for International Commercial Terms entail a set of rules for interpreting trade terms in international trade. They were first published in the international chamber of commerce (ICC) in 1936. They have been updated many times Read More …