Law · International Commercial Law
Basking entered into a contract with Shark for a consignment of goods, which is to be delivered to Basking's place of business by Basking's nominated road carrier. Under the UN Convention on Contracts for the International Sale of Goods (CISG), when does the risk pass to Basking if the contract involves carriage of goods and the seller is not bound to hand them over at a particular place?
- 1When Basking has physically examined the goods
- 2When the goods are delivered to Basking's place of business
- 3When Shark hands the goods over to the first carrier for transmission to the buyer✓
- 4When the contract is concluded
Correct answer
When Shark hands the goods over to the first carrier for transmission to the buyer
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