Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Case summary:

F entered into a bond to purchase specific quantity of apple from H for an agreed price. H accepted to deliver the product in the mentioned location. The apples were shipped for delivery and damaged before it reaches the place mentioned in the contract.

Destination contract:

A business understanding which forces the seller to deliver and bear the expenses of delivery of goods in the mentioned destination is termed as destination contract. The buyer holds the title of ownership only after the delivery of goods in the mentioned destination.

Justification:

In the above mentioned case, H accepted to deliver the apples in the specific location and F agreed to pay only if the goods are delivered in the location. H is responsible for the transit of goods and the other related expenses. Only if the goods are delivered in the destination mentioned F gets the title. Therefore, H should accept the loss incurred due to damage of goods.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91725824

Have any Question?


Related Questions in Business Management

Why is confirmation bias important to think about as a

Why is confirmation bias important to think about as a manager?

Suppose the restaurant industry is perfectly competitive

Suppose the restaurant industry is perfectly competitive and all producers have identical cost curves. The industry is currently at a long-run equilibrium, with each firm producing at its minimum long run average total c ...

Swot analysis on a company you are or have worked for share

SWOT analysis on a company you are or have worked for. Share 2 strengths - 2 weaknesses - 2 opportunities - 2 threats.

Subject marketingbased on article title what does the brand

Subject: Marketing Based on article title: What does the brand say? Effects of brand feedback to negative eWOM on brand trust and purchase intentions. Manu Bhandari & Shelly Rodgers (2018) What does the brand say? Effect ...

Identify three leadership traits from the trait theory you

Identify three leadership traits from the Trait Theory you feel you do or do not possess. You may identify three that you do possess, or three that you do not possess, or one you possess and two you do not possess, etc. ...

Suppose the federal reserve sets the reserve requirement at

Suppose the Federal Reserve sets the reserve requirement at 15 percent, banks hold no excess reserves, and no additional currency is held. a. What is the money multiplier? b. By how much will the total money supply chang ...

Auburn creed i believe that this is a practical world and

Auburn Creed: I believe that this is a practical world and that I can count only on what I earn. Therefore, I believe in work, hard work. I believe in education, which gives me the knowledge to work wisely and trains my ...

Puneet is a member of a student project team in her

Puneet is a member of a student project team in her Organizational Behavior class. In order to assess the extent to which her team is cohesive, she should ask which of these questions?

There are many different types of teamsgroups pick one type

There are many different types of teams/groups. Pick one type that you have been involved in and describe the team/group and your experience within it. Discuss the various dynamics based on the new knowledge you gained t ...

List two pieces of legislation or regulations that affect

List two pieces of legislation or regulations that affect stock in a medical clinic and explain the intent of each one.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As