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Words: | Submitted: Tue Jun 20 2006
... contrary is bound by his contract to do [the following]. First, to make out an invoice of the goods sold. Secondly, to ship at the port of shipment goods of the description contained in the contract. Thirdly, to procure a contract of affreightment under which the goods will be delivered at the destination contemplated by the contract. Fourthly, to arrange for insurance upon the terms current in the trade which will be available for the benefit of the buyer. Fifthly, with all reasonable dispatch to send forward and tender to the buyer these shipping documents, namely, the invoice, bill of lading and policy of assurance, delivery of which to the buyer's risk and entitling the seller to payment of their price ... if no place be named in the CIF contract for the residence of the place of business of the buyer. This is not always the case. It is ...
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