Does seller have standing to sue carrier for cargo loss

Assignment Help Business Law and Ethics
Reference no: EM13741052

Kumar sold 700 television sets to one of its largest customers, Nava, in Venezuela. the contract was on CIF terms,Maracaibo.

However, they agreed that Nava would not pay Kumar until Nava actually sold the merchandise. Kumar obtained the televisions from its supplier, received them in a Miami warehouse, loaded them on a trailer, delivered the trailer to its freight forwarder, Maduro, in Florida, and obtained the shipping documents.

The trailer was stolen from the Maduro lot and found abandoned and empty. Kumar had failed to obtain marine insurance on the cargo. Kumar sued Maduro and the carrier.

The defendants argued that, since the risk of loss had passed from Kumar to Nava, Kumar did not have standing to sue.

The trial court agreed with the defendants and dismissed Kumar's case. Kumar appealed.

Issue: Does the seller have the standing to sue the carrier for the cargo loss?

Reference no: EM13741052

Questions Cloud

Provide credit in financial markets outside their country : The most popular way for international expansion is for a local firm to acquire foreign companies. Explain why some financial institutions prefer to provide credit in financial markets outside their own country
Compare the french code noir and the virginia slave code : Compare The French Code Noir and the Virginia Slave Code of 1705.
Describe the forces of globalization : Describe the forces of globalization and its implications for the multinational firm. Interpret the operation of the international financial system, its current state, and challenges for the future
Where are the consistencies in treatment : Where are the consistencies in treatment? Where are the treatments different in what they look at? What do you think explains the differences?
Does seller have standing to sue carrier for cargo loss : The trial court agreed with the defendants and dismissed Kumar's case. Kumar appealed. Issue: Does the seller have the standing to sue the carrier for the cargo loss
Explain how dells philosophy would be perceived : Case Study: Michael Dell-The Man Behind Dell Presentation (Change Management), Determine how Dell's philosophy would be perceived in a low performing culture
Describe thought process while performing your swot analysis : Assignment: Discussion-Opportunities, Risks, and Challenges of Emerging Markets, Describe your thought process while performing your SWOT analysis
Explain challenges facing newly independent countries : Explain Challenges facing newly independent countries once freed from European control.
Performance for the organization : Imagine that you are HR manager for a company with a high performance work system that includes the right combination of people, technology, and organizational structure. Provide two (2) suggestions for how the combination of these factors can con..

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd