Law 5110 Study Guide - Quiz Guide: Vegetable Oil Fuel, De Minimis, Sale Of Goods Act 1979
Document Summary
Whenever goods are sold on cif terms, although the seller makes the carriage arrangements, the buyer needs to have information regarding the shipment of the goods. The buyer needs this information either because he needs to organize discharge arrangements, facilitate onsales and insurance arrangements. Whether detailed or not, the formal requirements of the notice of appropriation must be strictly complied with, and they are treated by the courts as conditions because of their commercial significance. If the parties have agreed that the vessel nominated must comply with certain requirements, then the nomination of a vessel which does not is a breach by the seller. A declaration is made for the purpose of giving the buyer advanced notice of shipment so he can make arrangements for discharge or onsale. Cif contracts effectively fills in a blank left in the contract of sale.
