Who’s Responsible When Goods Are in Transit? The answer lies in your contract of sale. This free guide helps importers and exporters understand how responsibilities are divided and why clearly defined terms are crucial to avoid costly disputes.
Executive Summary
This guide explains how contracts of sale influence the responsibilities and risks involved when goods are shipped between buyers and sellers, especially across borders.
What’s included:
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The impact of Incoterms (like FOB, CIF, EXW, DDP)
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Who is responsible for insuring goods in transit
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Risk transfer and title transfer
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Common misunderstandings that lead to underinsurance or uncovered losses
Who it’s for:
Business owners, procurement teams, and logistics professionals involved in importing or exporting goods, who want to avoid assumptions and make sure contracts work in their favour.
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