Commercial Law Assignment: Analysis of MT and SLimeX Agreement
VerifiedAdded on 2023/03/17
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Homework Assignment
AI Summary
This assignment solution addresses a commercial law problem involving Marlex Transport (MT) and SLimeX (SLmX). The scenario involves MT, a transport company, entering a contract with SLmX, an oil mud processor, for the shipping and processing of oil mud. The solution provides answers to four key questions. Question 1 analyzes the duties and liabilities of Marlex Transport as a carrier, emphasizing the required quality of transport cars and responsibility for potential damages, even in high-risk areas. Question 2 examines the potential contract amendments needed if the mode of transport changes from rail to diesel trucks and if processing locations expand. Question 3 discusses the application of the Uniform Commercial Code (UCC) to the sales and service aspects of the contract. Finally, Question 4 addresses the importance of including clauses about acts of danger, similar to perils of the sea, in the contract to account for potential risks and delays during transportation. The solution is supported by a reference list of relevant legal and commercial sources.
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