(SALES, NEGOTIABLE INSTRUMENTS) On June 15, 2016, Guangdong Fruit Company (\"GFC
ID: 367586 • Letter: #
Question
(SALES, NEGOTIABLE INSTRUMENTS) On June 15, 2016, Guangdong Fruit Company ("GFC"), located in Shenzhen, loaded seventeen (17) containers of dragon fruit on a ship headed to the Port of Seattle, Washington. The intended market for the fruit was restaurants and supermarkets on the West Coast of the United States (primarily Chinese restaurants and supermarkets that catered to Chinese ethnic communities, as dragon fruit is not widely consumed by other Americans). +' On June 16, 2016, after the ship was at sea, GFC's sales office received an email from P F. Wang's Bistro, Inc., a major chain of "Chinese" restaurants in the U.S.1 Wang's stated it wanted to buy 5 containers of dragon fruit from GFC, at the standard price Wang's always paid (Assume there is no dispute about this price). GFC replied that it had seventeen containers of such fruit currently at sea The next day, June 17, 2016, Wang's purchasing agent emailed the following: "We will purchase five containers of your dragon fruit on the ship currently at sea, F.O.B. Long Beach, at the agreed price, half to be paid now, half one week after delivery upon approval of the product." Long Beach is a port in the Los Angeles, California area. GFC promptly replied," We will gladly sell you five containers of dragon fruit, but they are bound for Seattle, and the destination cannot be changed."+ Immediately, Wang's replied, "OK, we will take them." It then wired the funds to pay half of the price. GFC wired the ship's crew to segregate five containers for delivery to Wang's, and the ship's crew wired that it had done so, a message that GFC passed on to Wang's as a courtesy.Explanation / Answer
In Seattle, when the goods were kept in the Warehouse. In Seattle, when the goods are kept in the Warehouse. When Wang’s agreed to take the fruit on Ship Insurer will pay 400,000 Yen It depends on the contract with the Warehouse. If Warehouse has to pay for damaged goods, then they have to pay for fruits damaged by its employees. Yes. Since Wangs has already paid half the money, GFC has to pay the remaining to Wangs. Yes. Wangs need to pay the Warehousing charges to GFC. Wangs will take the goods fruits. The damaged fruits would probably be thrown away
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