4.01 The CIF seller, according to Lord Atkinson in Johnson v Taylor Bros & Co Ltd,1 has to do five things: make out an invoice for the goods; ship goods of the contractual description; procure a contract of carriage for delivery of the goods to the agreed destination; arrange for insurance of the goods on the terms current in the trade; and forward the shipping documents to the buyer with all reasonable dispatch.2 The seller may, however, be an intermediate trader in string trading conditions and not the original shipper. To allow for this possibility, it is more...
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