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International Commercial Sales: The Sale of Goods on Shipment Terms (Paperback)
Loot Price: R6,364
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International Commercial Sales: The Sale of Goods on Shipment Terms (Paperback)
Series: Lloyd's Commercial Law Library
Expected to ship within 10 - 15 working days
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This book comprehensively examines the entire legal process of the
international sale of goods, beginning with the creation of the
contract and continuing through to either the fulfilment of the
sale, or the termination of the contract. Every day goods are
globally traded between sellers and buyers in different countries
and different jurisdictions. The distances between the parties
involved in such transactions, and the relative risks related to
that, are a key issue in international commercial sales. Sales of
goods carried by sea, thus, differ quite drastically from domestic
sales; the goods will be normally shipped at a port very distant
from the buyer, preventing his physical presence at the port of
loading. Further, the goods will travel in the custody of a
carrier, a party normally quite independent from either trader.
Finally, transactions concluded on shipment terms are normally
irreversible, in the sense that shipping the goods back to the
seller represents an unlikely option for the buyer. Traders around
the world very frequently choose English law to govern their
contracts, with disputes to be resolved through London arbitration
or litigation. The basis of that law is to be found in the English
Sale of Goods Act 1979, and the book consequently also includes an
examination of the fundamental principles of that Act, as well as
considering use of the Vienna Convention on the International Sale
of Goods. This book will be an invaluable reference point for legal
practitioners specialising in the sale of goods, as well as
postgraduate students and academic researchers working in sales of
goods and the international trade sector.
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