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contracts for goods sold in transit (global version)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › contracts for goods sold in transit (global version)

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
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  • June 24, 2018 at 11:53 pm #460037
    sidishah
    Member
    • Topics: 34
    • Replies: 74
    • ☆☆

    respected sir,

    the risk in goods sold in transit passes to the buyer from the time the contract is concluded.

    what does this mean? what does the conclusion of the contract mean here?

    June 25, 2018 at 7:26 am #460047
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    A contract is concluded when all the appropriate terms of the contract have been negotiated and agreed upon – so when both sides have agreed upon their respective obligations under the contract

    OK?

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  • The topic ‘contracts for goods sold in transit (global version)’ is closed to new replies.

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