1.)Imagine you work for a company based in the United States that has agreed to purchase goods from a seller in Germany.
What issues are important to consider in arranging transportation of the goods from Germany to the United States?
What terms would you recommend be included in the agreement between your company and the German company as regards transportation of the goods?
Find an example of a Bill of Lading on the internet and include it with your Conference submission.
2.) What is the rule of strict compliance in a Documentary Sales Transaction? What if the contract calls for “RAD” but the documents presented for payment use the term “Rapid Application Development”? Should the bank pay? Why or why not? What would you advise the bank to do?
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