Examlex
What type of fault is shown in this figure?
Shipment Contract
A contract in which the seller is required to ship the goods by carrier. The buyer assumes liability for any losses or damage to the goods after they are delivered to the carrier. Generally, a contract is assumed to be a shipment contract if nothing to the contrary is stated in the contract.
Destination
The place to which someone or something is going or being sent.
Identification
The process of recognizing or establishing the identity of a person or thing, often used in security and legal contexts.
Liabilities
Financial obligations or debts that an entity is required to pay to others, such as loans, accounts payable, and mortgages.
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