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8 Cards in this Set
- Front
- Back
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1
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The terms typically found in sale contracts fall into three types:
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2
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1) a prohibition on substituted nomination;
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3
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2) a clause which restricts the parties to a specific period for substitute nominations;
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4
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3) a clause permitting the extension of the shipping period in the event of a substituted nomination.
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5
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An earlier shipment date may be substituted provided that:
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6
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a) the contract does not expressly confine the buyer to a single nomination or there is no implied preclusion of substitution
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7
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b) the substitute nomination is made in time: Cargill
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8
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BL must show the actual date of shipment. B can reject BL if it shows an incorrect shipment date: Bowes, Yelo, F.E, Kwei Tek Chao
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