The purpose of this discussion is t
The purpose of this discussion is to illustrate Incoterms® in a real-world case study. Read the St. Paul Guardian v. Neuromed Case and answer the following questions.
CISG. (2002, March 26). United States 26 March 2002 Federal District court [New York] (St. Paul guardian insurance company et al. v. Neuromed medical systems & support et al.). Electronic Library on International Commercial Law and the CISG. http://cisgw3.law.pace.edu/cases/020326u1.html
- If the carrier damaged the MRI, are they responsible? Do they have to pay?
- The contract states CIF New York. Does that mean the seller bought Marine Insurance in the buyer’s name and the damage will be covered under that policy?
- Ultimately, what proved to the court that Neuromed was not liable for damages?
- The buyer was lucky. Why?
https://cisgw3.law.pace.edu/cases/020326u1.html
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