Review article
TRANSFER OF RISK BETWEEN SELLER AND BUYER IN CONTRACT ON INTERNATIONAL SALE OF GOODS WITH REVIEW ON INCOTERMS 2010
Dionis Jurić
; Pravni fakultet Sveučilišta u Rijeci
Jelena Mihić
; diplomirana pravnica Pravnog fakulteta Sveučilišta u Rijeci
Abstract
The INCOTERMS terms lay down different modes of delivery of goods, risk
transfer and costs in international sale. The last revision of INCOTERMS in 2010
adapted their content according to business practice of tradesmen and development
of transportation technology in the last decade. Due to the fact that INCOTERMS
terms are not mandatory, the seller and the buyer have to explicitly put in the
contract that they adopt INCOTERMS to regulate their mutual legal obligations. In
case if contractual parties did not include special provisions on risk transfer into the
contract, the provisions of the 1980 United Nations Convention on Contracts for the
International Sale of Goods shall apply accordingly.
Keywords
INCOTERMS 2010; international sale; risk; costs; Vienna Convention
Hrčak ID:
87755
URI
Publication date:
16.4.2012.
Visits: 9.641 *