Dealer in the United States owned a cargo of 10,000 barrels of oil that had been shipped from Mexico on January 1 for arrival in the United States on February 1
Dealer in the United States owned a cargo of 10,000 barrels of oil that had been shipped from Mexico on January 1 for arrival in the United States on February 1. On January 15, the Dealer informed the Buyer that the oil was en route and they concluded a contract. On arrival, inspection showed that the oil had been contaminated by seawater at some indeterminate time during the voyage. Assuming the CISG applies, who bears the risk?
Answer the question(s) the best you can, by articulating your thoughts and ideas based upon the reading assignment of the week and any extra material that you may have found (please cite the sources whenever applicable). Don’t forget to reference your sources.
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