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Sale of Goods and Freighting by Sea: An Analytical
Carriage of Goods by Sea is generally coupled with sale agreements. For just and peaceful commercial environments, importance of governing law and its apt interpretation cannot be denied. In situations resulting from non-performance, frustration of contracts or similar causes, the relevant laws require interpretation. Commerce and trade necessarily require trust and confidence as well as unification and simplicity. International Chamber of Commerce (ICC) have made certain rules and introduced INCOTERMS which greatly help in this regard. In this paper an endeavor has been made to study the significance of contacts of sale coupled with delivery of goods and their consequences. An attempt has been made to differentiate between the old fashioned simple sale/purchase transactions under the provisions of Caveat Emptor and modern sale by description, sample and or trademarks standards.
Dr. Qamar Abad
Incharge Ph.D. Program, School of law, University of Karachi, Sindh, Pakistan
Dr. Ghulam Murtiza
Assistant Professor, College of Law, Government College University, Faisalabad, Punjab, Pakistan