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Transportation of Goods Case Study

   

Added on  2020-04-21

16 Pages3714 Words111 Views
Running head: LEGAL CASE STUDYLEGAL CASE STUDYName of the Student:Name of the University:Author Note
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1LEGAL CASE STUDYExecutive summaryThe purpose of the report is to analyze the legal provisions regarding the transportation of goodson international waters and the ways to eliminate the risks involved in the course of thetransportation. In this report a particular case study has been discussed in relevance to the lawsand legal provisions regarding the transportation of goods. In conclusion it can be stated thatfollowing the laws, as stated by the Carriage of Goods by Sea Act 1971 and the InternationalCommerce Terms, while making a contract for the carriage of goods is essential.
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2LEGAL CASE STUDYTable of ContentsIntroduction......................................................................................................................................3Title - Legal provisions of carriage of goods by sea.......................................................................4Terms of Reference - Relevant Rule...............................................................................................4International Commerce Terms – Cost, Insurance and Freight:..................................................5Carriage of Goods by Sea Act 1971:...........................................................................................6Bill of lading:...............................................................................................................................8Analysis of the issue:.......................................................................................................................9Advantages and Disadvantages of using CIF INCOTERMS:.....................................................9Relevance of Carriage of Goods by Sea Act 1971:...................................................................10Functions with respect to Bill of Lading:..................................................................................11Conclusion.....................................................................................................................................11Reference List................................................................................................................................13
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3LEGAL CASE STUDYIntroductionIn this report a case study is to be analyzed in relation with the prevalent laws of thecountry. The client in this case is Doverwood limited. The client in this case manufactures highend furniture and the same wants to export a bulk order to a retailer in Singapore. It is to bementioned that the aforementioned transaction needs to be done following certain laws and ruleswhich govern the transportation of goods in bulk1. The laws to be discussed and analyzed in thiscase are governed by the Goods by Seas Act 1971, Bill of lading and CIF INCOTERMS.Another aspect to be taken into consideration is that the client also needs to purchase twohundred tons of wood from a company called Tree-for-Tree in Costa Rica for the manufacture ofsuch a bulk order. The client is keen to make sure that both the transaction is carried on smoothlyas the same will be very beneficial for the company. The client must carry obtain licenses andcarry out all the necessary formalities required for the transportation of the goods and the clientmust also make sure that the rules and guidelines as stated in the aforementioned acts arefollowed.1Cavusgil, S. Tamer, et al.International business. Pearson Australia, 2014.
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