In CIF contracts, risk passes at the time of shipment but the property does not...
COMMERCE
JAMB 2005
In CIF contracts, risk passes at the time of shipment but the property does not pass until?
- A. there is physical transfer of goods
- B. the shipping manifest are signed
- C. the shipping documents are transferred
- D. the goods on board are delivered
Correct Answer: B. the shipping manifest are signed
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