The CIF Contract: Contracting for Import/Export

You seek to import a Car from Singapore but do not know what law to use to get the Car from Singapore to your home country.

This video is a discussion of the CIF Contract, as one of the most popular contracts used to import or export goods internationally.

Particularly, I talk about the duties and responsibilities of the buyer and seller under the CIF contract, and the remedies available for both parties, in the event that one party does not meet their side of the contract.

[kaireumar]

You have just made it simple and precise for any student to understand. Thanks a bunch🥰

[KamugishaJoshua-izim]

A true learners' guide. thank you

[dectornora]

Madam simplifies things
I understand things in just one watch
Thank you so much madam ❤❤❤

[WalterNjapba]

INCOTERMS means Internatioanl Commercial Terms. INCOTERM is not a contract but rather terms that buyer and seller incoporate into the underlying contract of sale. CIF is one of the INCOTERMS

[NantaleCatherine-dd]

REALLY HELPFUL IF POSSIBLE CAN YOU PLEASE DO BILL OF LADING

[jenniferzalwango]

Thanks could you please explain bill of lading as well?