Examlex
Briefly explain the causes of overweight.
Risk Of Loss
Refers to the legal responsibility regarding who bears the cost of damage, destruction, or theft of goods during a transaction or after it, until delivery.
F.O.B. Seattle
A commercial term indicating that the seller of goods is responsible for them until they are loaded on board a shipping vessel in Seattle, at which point the buyer assumes risk and responsibility.
Shipment Contract
A type of agreement in sales law where the seller is responsible for delivering goods to a carrier, after which the risk of loss passes to the buyer.
Entrusted
Given over to another's care or protection, often relating to property or duties.
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