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Title and Risk of Loss

Title and Risk of Loss

Overview. The Title and Risk of Loss clause in purchase and sales contracts for tangible property and determine when ownership (and associated risk of loss) is transferred from the seller to the buyer. The agreement may provide for transfer upon. delivery to the buyer; delivery to the shipper (eg free or freight on board or FOB shipper)

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The Design and Build Contract

The Design and Build Contract

Designbuild streamlines project delivery through a single contract between the owner and the designbuild team. This simple but fundamental difference saves money and time by transforming the relationship between designers and builders into an alliance which fosters collaboration and teamwork. MAJOR DOCUMENTS OF DB CONTRACT:

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What Are Incoterms?

What Are Incoterms?

A buyer and seller should know where a risk begins and ends, who is responsible for what, who owns what and at what geographical point. While there are a whole host of international terms in use, we'll focus on the most commonly used foreign trade terms provided by the International Chamber of Commerce's Incoterms rules.

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