
CIF and FOB Contracts - LawTeacher.net
2019年8月7日 · CIF contracts are an exception to the general rule in s20 of the Sale of Goods Act which links the passing of risk to the passing of property. Whereas property under a CIF contract passes at the time the buyer pays and takes up the documents, the goods are deemed to be at the buyer’s risk from the time of shipment.
CIF Contracts in International sales of goods - Al Tamimi
A CIF contract is an agreement to sell goods at a price which is inclusive of the cost of goods, insurance charges and freight. Read more and learn how the performance of a CIF contract affects vendors and purchasers conducting international trades.
CIF Incoterms® meaning | Cost Insurance Freight | Maersk
2023年10月6日 · What is CIF in shipping? Cost, Insurance, and Freight (CIF) is one of the 11 Incoterms® rules set by the International Chamber of Commerce. It’s an international shipping agreement, which represents the charges paid by a seller to cover the costs, insurance, and freight of a buyer's order while the cargo is in transit.
Critically Evaluate Whether a CIF Contract Is a Contract for the Sale ...
2019年7月23日 · Under a CIF contract, the seller is responsible for supplying the goods, insuring them and shipping them: hence “cost, insurance and freight”. A CIF contract therefore involves the seller entering into not only a sale contract but also, at …
Cost, Insurance, and Freight (CIF) Definition, Rules, and Example
2023年9月18日 · Cost, insurance, and freight (CIF) is an international shipping agreement, which represents the charges paid by a seller to cover the costs, insurance, and freight of a buyer's order while...
CIF Incoterms: What CIF Means and Pricing - Guided Imports
CIF is a Shipping Incoterm that stands for: Cost, Insurance, Freight agreement, with the seller holding responsibility for all three. When purchasing internationally, the seller is responsible for exporting the cargo and shipping it until they arrive at the destination port, while insuring the cargo throughout the voyage.
干货!CIF 贸易术语含义、类型、双方权责及费用风险全解析
2024年12月25日 · CIF全称为Cost, Insurance and Freight,即成本加保险费加 运费。 它由国际商会(ICC)制定,用于明确买卖双方在国际贸易中的责任和义务, 有助于减少贸易纠纷。 在 CIF 贸易术语下,卖方承担货物成本(含生产、采购、包装等费用)、海运保险费及从起运地到目的地的运费,风险在货物越过船舷时转移给买方。 买方负责在目的地接收货物,承担货物越过船舷后的费用和风险,包括进口清关及后续运输费用与风险。 CIF主要适用于需要通过海运运输的大宗商 …
CIF contracts : all you need to know - iPleaders
2022年5月3日 · A CIF contract, which stands for Cost, Insurance, and Freight, is a form of sale of goods contract in which the price is based on cost, insurance, and freight to the specified selling location. CIF, which is one of the Incoterms, was created by the International Chamber of Commerce (ICC).
(Cost, Insurance and Freight) CIF Contracts - Law Times Journal
2018年10月17日 · A CIF Contract is in the form a contract for the sale of goods in which the amount to be paid by the buyer covers not only the cost price of the goods but also the terms of insurance and freight. Article 141(1) of the UAE Commercial Transactions Law (Federal Law 18 of …
Incoterms CIF and cases_International trade law
2017年2月27日 · CIF的全文是Cost Insurance and Freight (named port of destination),即成本加保险费和运费(指定目的港)。 采用CIF术语成交时,卖方的基本义务是,负责按通常条件租船定舱,支付到目的港的运